Heterodox
In-depth analysis on Credit Writedowns Pro. You are here: Political Economy » The Importance of China’s New VAT By Marc Chandler Yesterday, China announced one of the most important tax reforms of the past twenty years. It is replacing a business tax on gross revenue for non-manufacturing companies with a VAT. Manufacturing companies have been subject to a VAT approach for a few years. The reform extends it from manufacturing and a few services in a pilot...
Read More »The Importance of China’s New VAT
