Our collection of resources based on what we have learned on the ground

Resources

Q&A

What if an entity provides services that are subject to different value-added ta...

What if an entity provides services that are subject to different value-added ta...

If a taxpayer provides taxable services that are subject to different rates, the sales volume for each tax rate should be accounted for separately, or else the highest tax rate applies. Similarly, VAT taxpayers who concurrently provide services subje...

Q&A

How is value-added tax (VAT) calculated for foreign entities or individuals in C...

How is value-added tax (VAT) calculated for foreign entities or individuals in C...

If an overseas entity or individual provides taxable services in China and does not have an operating entity in China, the tax withholding party should calculate the amount of tax to be withheld using the following formula: Amount of tax to be wit...

Q&A

What is the difference between zero-rated value-added tax (VAT) and VAT exempt s...

What is the difference between zero-rated value-added tax (VAT) and VAT exempt s...

The difference between zero-rated and exempted VAT is that, under zero-rated VAT the input VAT attributable to the export of services can be credited from VAT payable and/or refunded. Under the VAT exemption system, the input VAT attributable to expo...

Q&A

What happens if a service is eligible for both value-added tax (VAT) zero-rating...

What happens if a service is eligible for both value-added tax (VAT) zero-rating...

If a service is eligible for both VAT zero-rating and VAT exemption, VAT zero-rating takes precedence over VAT exemption. Providers of zero-rated VAT services may opt to pay VAT or apply for VAT exemption instead by filing a relevant declaration. How...

Q&A

How does an enterprise obtain tax exemption for exported services in China?

How does an enterprise obtain tax exemption for exported services in China?

To obtain exemption for exported services, a written cross-border service contract must be signed with the service recipient. In addition, the entire income from providing the service must be obtained from overseas. This could pose problems for inter...

Q&A

Has the tax burden for logistics enterprises increased due to the value-added ta...

Has the tax burden for logistics enterprises increased due to the value-added ta...

The tax burden for logistics enterprises has nearly doubled since the implementation of the pilot reform. The 11 percent VAT rate for transportation industries replaced the previous 3 percent business tax (BT); while storage, delivery and cargo forwa...

Q&A

What factors should businesses in China consider to estimate possible changes in...

What factors should businesses in China consider to estimate possible changes in...

In estimating changes in their tax burden, businesses can consider the following factors: The proportion of expense that is input VAT deductible against the income; Ability to obtain certificates for claiming input VAT; Composition of suppliers;...

infographic

Individual Income Tax Return in China

 Individual Income Tax Return in China

A template of an individual income tax return in China.

magazine

Der Große Steuervergleich für Asien 2014

Der Große Steuervergleich für Asien 2014

Im Hinblick auf die geltende Steuergesetzgebung bestehen erhebliche Unterschiede zwischen den asiatischen Ländern. In dieser Ausgabe wollen wir Ihnen einen aktuellen Überblick über diejenigen Steuern liefern, die für ausländische Inves...

infographic

Key Tax Rates in Myanmar

Key Tax Rates in Myanmar

The table shows the different tax rates in Myanmar.

infographic

Key Tax Rates in Cambodia

Key Tax Rates in Cambodia

The table shows the different tax rates in Cambodia.

infographic

Key Tax Rates in the Philippines

Key Tax Rates in the Philippines

A table showing the different tax rates in the Philippines.

Filter By

Topic

Country

Type of resource

Language

Enquire for more information about our services, and how we can help solve challenges for your organization

Contact Us
The code is case-sensitive