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tax reform
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tax reform
VAT Reform to be Completed in May 2016
During the annual National People’s Congress meeting on March 5, Premier Li Ke Qiang announced in his speech of the government report that the VAT reform will cover the last few industries as of May 1st, 2016. The main points...
Comment on the current Tax System of the PRC
By Richard Hoffmann, ECOVIS Beijing China How would you summarize the current development of the Tax System in the PRC? China has built its tax system from the ground in the 1980’s. Since then there have been major changes and...