Only 1.5 percent of millions of corporate taxpayers face a higher tax burden after implementing value-added tax reform, senior officials with the nation's top taxation bureau said on Dec 27. VAT reform has brought significant benefits to ... China Government, 2 weeks ago
Central People Government of People Re : VAT reform brings benefits to firms - 4 Traders, 2 weeks ago
Higher taxes hit only 1.5% of firms - CHINAdaily.com.cn, 2 weeks ago
BEIJING, Dec 27 (Reuters) - China's full switch to a value-added tax (VAT) for companies this year has increased the tax burden on only 1.5 percent of tax-paying firms, Ministry of Finance chief accountant Wang Lujin said on Tuesday. The VAT was ...Sharenet, 2 weeks ago
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