Tag Archives: VAT Exemption

SERVICE VAT EXPANDED / EXEMPTIONS IMPLEMENTED
August-September 2013 China Bulletin

The pilot VAT plan for international transportation and “modern services”, reported in the March 2013 and January-February 2012 China Bulletins, was expanded nationwide as of August 1, 2013.   On September 13, 2013, the State Administration of Taxation (SAT) issued Announcement 52, which clarifies the exemption for exported modern services and, it is hoped, will reduce the actual VAT cost imposed on cross-border technology transfers and other services.  Local tax authorities have sometimes not allowed the exemption that should apply to such services. Continue reading