search query: @author Shum, E. / total: 1
reference: 1 / 1
« previous | next »
| Author: | Shum, E. |
| Title: | A VAT progress report |
| Journal: | China Business Review
1996 : SEP-OCT, VOL. 23:5, p. 43-48 |
| Index terms: | CHINA VALUE ADDED TAX TAXATION |
| Language: | eng |
| Abstract: | After more than two years, China's new tax system still has some kinks. Since the PRC instituted the value-added tax (VAT) in January 1994 as part of its overall tax reforms, the State Tax Administration (STA) and the Ministry of Finance (MOF) jointly have introduced a series of amendments aimed at smoothing out and rationalizing the operation of the VAT system. For foreign-invested enterprises, however, these modifications have caused a great deal of confusion and have failed to resolve some persistent VAT implementation problems. |
« previous | next »
SCIMA