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China makes VAT incentive claims easier

By Published On: April, 2021

China makes VAT incentive claims easier

China’s State Taxation Administration has issued Notice No. 4 of 2021 (“Notice No. 4”) on further simplifying the VAT incentives application procedures for eligible taxpayers to enjoy preferential tax treatment. The new Notice No. 4 takes effect from 1 April 2021. Please read the newsletter from WTS China, a member firm of WTS Global, for more details.

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