close
Share with your friends

VAT reform pilot scheme will be rolled out in Shanghai

VAT reform pilot scheme will be rolled out in Sha...

China alert - Issue 34, September 2011  

1000

Related content

VAT reform pilot scheme will be rolled out in Shanghai

Indirect taxation in China is a significant issue. In 2010, revenues from indirect taxes (including customs duties) accounted for approximately 75 percent of China’s total tax revenue collection. As such, the reform of indirect taxes in China is likely to have a major impact on businesses and consumers. ‬

© 2020 KPMG Huazhen LLP, a People's Republic of China partnership, KPMG Advisory (China) Limited, a limited liability company in China, KPMG, a Macau partnership and KPMG, a Hong Kong partnership, are member firms of the KPMG global organisation of independent member firms affiliated with KPMG International Limited  ("KPMG International"), a private English company limited by guarantee. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International.

 

For more detail about the structure of the KPMG global organisation please visit https://home.kpmg/governance.

Connect with us