Chinese Consumption, City Maintenance & Education Taxes
This is charged on specific goods manufactured or imported into China. It includes: luxury goods, petrol/gas and diesel, cars and yachts.
Chinese National Education Taxes
This is a 3% indirect tax on the totals of VAT, Business Tax and Consumption Tax (not of the price of the goods). It funds national educational spend.
Chinese Local Education Surcharge
This is a further 2% charge on the totals of VAT, Business Tax and Consumption Tax (not of the price of the goods).
City Maintenance and Construction Taxes
This is 7% in larger cities on the totals of VAT, Business Tax and Consumption Tax (not of the price of the goods).
Latest Chinese news
Oct 12, 2019
China is likely to announce this week that it will cut its main standard VAT rate from 13% to 10%. It has already reduced its VAT rate from 16% to 13% on 1 April 2019. China's economy is slowing rapid
Mar 4, 2019
China is to cut its standard VAT rate from 16% to 13% in 2019 to help its manufacturers struggling with US tariffs, slowing global demand and a domestic debt overhang.
January 14, 2019
China has raised its VAT registration threshold from 1 January 2019 from CNY30,000 to CNY100,000 for small businesses. The measure is temporary for the next two years.
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