How Does the VAT Works in China? -- china.org.cn

How Does the VAT Works in China? -- china.org.cn www.china.org.cn/english/LivinginChina/202770.htm Following is a briefing of VAT under China \'s tax system from China \'s Ministry of Finance for your reference. China started to implement VAT in 1984 on 24 specified taxable items. In 1994, corresponding with reform goal of building up socialist market economy system and pursuant to the guideline of