State Council executive meeting yesterday, decided that from 1 January 2012 onwards, in some regions and industries to carry out value-added tax system, deepen the reform, and gradually the current industry business tax to value added tax. The pilot will be in Shanghai and part of modern transportation and other services to carry out, conditions are ripe optional part of the industry nationwide pilot. Several tax experts said, the VAT expansion around ...Experts say the pilot value-added tax will be extended around the new round of tax reform
Wednesday, October 26, 2011
Experts say the pilot value-added tax will be extended around the new round of tax reform
State Council executive meeting yesterday, decided that from 1 January 2012 onwards, in some regions and industries to carry out value-added tax system, deepen the reform, and gradually the current industry business tax to value added tax. The pilot will be in Shanghai and part of modern transportation and other services to carry out, conditions are ripe optional part of the industry nationwide pilot. Several tax experts said, the VAT expansion around ...Experts say the pilot value-added tax will be extended around the new round of tax reform
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