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Infographic

China's New VAT Rates

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Infographics

China's New VAT Rates

Posted On April 2019

During the annual Work Report delivered at the Two Sessions in China, Premier Li Keqiang announced a decrease in value-added tax (VAT) rates to promote investment and lower costs for businesses operating in China.

The infographics below detail the changes in China’s VAT rates:

Lowered VAT rates in China - 2019

China's New VAT Rates


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