A Further Step for VAT Reforms

Journal
Law, P.
China (People's Rep.)
Asia-Pacific Tax Bulletin 2013 (Volume 19), No. 6
PriceUSD 45

On 24 May 2013, Caishui [2013] No. 37 was jointly issued by the Ministry of Finance and State Administration of Taxation. This marks a new phase in the implementation of the value added tax reform in China. This article discusses the implications of this new phase of reform for taxpayers.