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China's new VAT rate cut fuels real economy
Li Yunxia's company will save about 6 million yuan (940,000 U.S. dollars) in annual operating cost from May, thanks to the VAT rates cut rolled out in China.
May10,2018
Apple, carmakers lower prices after VAT reduced
As a new round of value-added tax rate cuts were implemented starting May 1, Apple Inc and some major automakers cut their product prices in China.
May03,2018
China cuts over 900 bln yuan in tax via VAT reform in 2017
China made further headway in cutting tax for enterprises in 2017 via its ongoing reform to replace business tax with value-added tax.
February02,2018
China revises regulation on value added tax
China on Friday published revisions to the regulation on value added tax (VAT).
December04,2017
EU to agree new VAT rules to facilitate cross-border e-commerce
The European Union member states will hopefully reach a new VAT rules agreement by the end of this year which aims to facilitate cross-border e-commerce, EU officials said on Tuesday.
November08,2017
China delivers massive tax cuts via VAT reform
China's reform on value-added tax (VAT) has reduced taxes for enterprises by more than 1 trillion yuan (about 150.6 billion U.S. dollars) since its nationwide launch in May last year.
November08,2017
Albanian gov't partially exempts small businesses from VAT
The Albanian government has partially exempted small businesses from value-added tax (VAT), Finance Minister Arben Ahmetaj told reporters Tuesday.
October25,2017
China to press ahead with value-added tax reform
China will continue to refine the VAT reform pilot program to enable further economic transformation and upgrading, according to a decision made on Friday at a State Council executive meeting.
August21,2017
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