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China cuts VAT on books and journals

  • Jun 29, 2018 | Richard Asquith

China cuts VAT on books and journals

China is to cut the VAT rate on books, newspapers, journals, e-publications etc published by the Communist Party to 0%. Publications by other organisations for children and elderly are also to be nil-rated for VAT purposes.

All other publications are to benefit from a 50% cut in VAT rate.


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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is the former VP Global Indirect Tax at Avalara