close
Share with your friends

New Tax Regulation Clarifying VAT Treatments on Finance Leasing Business Activities

New Tax Regulation Clarifying VAT Treatments...

China Tax Alert - Issue 1, January 2016

1000

Related content

China Tax Alert

The State Administration of Taxation (SAT) has recently issued the “Announcement on Relevant Value Added Tax Issues in Relation to the Transition of Business Tax to Value Added Tax” (SAT Announcement [2015] No. 90, hereinafter referred as “Announcement 90”). Among various clauses, Article 3 and 4 of the Announcement 90 are specifically concerning the Value Added Tax issues of finance leasing business.

China Tax Alert

© 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