Daisy Huang Discusses the Impact of VAT Reductions on Business Operations
On July 26, Daisy Huang, Corporate Accounting Services Senior Manager at Dezan Shira & Associates’ Guangzhou office, gave a presentation on the recent VAT tax reforms and the diverse way they can impact business operations in China.
What was discussed?
Invited by The Finance and Taxation Group of the European Chamber of Commerce in China – South China Chapter, Daisy gave an overview of what the new VAT regulations are, their impact on small and general VAT tax payers, the most common mistakes when applying the VAT tax in terms of fapiao management, business contracts and tax reporting, finalizing with an explanation of the latest changes in China’s tax administration authorities.
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