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?

Attending this event were Chief Financial Officers and Supply Chain Directors of important members of the European Chamber of Commerce in South China

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.

Further Information

For further reading on this topic, please refer to Asia Briefing’s annual Tax, Accounting and Audit in China guide, or China Briefing’s informative article China’s New VAT Rates.

For further inquiries about China’s VAT or other tax concerns, please contact us at here.