VAT relief for corporate restructuring now possible, but many uncertainties still exist
VAT relief for corporate restructuring now possib...
China alert - Issue 7, March 2011
The State Administration of Taxation issued Announcement  No. 13 ("Announcement 13") on 18 February 2011. Announcement 13 sets out circumstances under which the transfer of tangible goods may not be subject to Value Added Tax (VAT) in a corporate restructuring.
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