VAT Zero-rated Services: Scope Expanded
Tax Newsflash:November 3, 2015/China
On 30 October 2015, the Ministry of Finance (MOF) and the State Administration of Taxation (SAT) jointly issued Circular 118 (i.e. Caishui  No. 118), expanding the scope of zero-rated services. (Tax Newsflash:November 3, 2015/China)
This expansion in scope is intended to stimulate "exports" of the services covered.
This newsletter explains the details.
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