pilot programme VAT

Summarized changes for you implied in the business tax to value-added tax changes

As had been shared earlier this month once by our Ecovis Beijing office, Premier Li Keqiang on 5 March, introduced the government report and with it the announcement that value-added tax (VAT) is going to completely replace business tax (BT)...

VAT refund and exemption according to Announcement 52

By Richard Hoffmann, ECOVIS Beijing China The new implementation rules for cross-boarder services, announced on 13th of September by China’s State Administration of Taxation (SAT), are a significant change for many companies whether they are importing or exporting services from or...

Transition of some services from business tax to VAT

On 10 April 2013, it was decided to extend the VAT pilot programme to the whole country on 1 August 2013. As a result, the pilot programme will become national policy. (more…)