China raises VAT registration threshold
- Jan 14, 2019 | Richard Asquith
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.
The move is part of a range of tax incentives to help prop-up the economy in the face of a slowing global economy and from the effects of international tariff increases. Other measures include:
- Cuts in stamp duty
- Reduction in local education taxes on businesses
- Cut in corporate income tax for small companies from 25% to 20%
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Finance and tax compliance: make your business grow faster
avalara:content-tags/asset-type/blog-post,avalara:content-tags/location/world/apac/china,avalara:content-tags/tax-type/vat,avalara:content-tags/primary-blog-tags/vatlive/location/asia/china
Jun-1-2022
Germany excludes UK tourist operators from VAT TOMS
avalara:content-tags/asset-type/blog-post,avalara:content-tags/location/world/apac/china,avalara:content-tags/tax-type/vat,avalara:content-tags/primary-blog-tags/vatlive/location/asia/china
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End of transitional period for Import VAT changes in France
VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax
Richard Asquith
Richard Asquith is the former VP Global Indirect Tax at Avalara