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</html><description>The VAT reform in China: What has changed since 1st of August 2013? Chinas Value Added Tax (VAT) reform is executed since August 2013 everywhere In China. On services in the transportation sector and on so called modern services there is no Business Tax (BT) anymore but a deductible Output VAT.</description><thumbnail_url>http://ecovis-beijing.com/images/Capture_1.JPG</thumbnail_url></oembed>
