Value Added Tax Rates (VAT) By Country
Countries A - H Countries I - N Countries P - W ALBANIA ICELAND PAKISTAN · Duties 0-15% · Duties 0-30% (avg. 3.6%) · GST 17% · VAT 20% · VAT 7.5%, 25.5% · Duties [...]
Chinese yuan’s inclusion in SDR basket crucial for its globalization: economist
BUENOS AIRES - The Chinese yuan's inclusion in the International Monetary Fund (IMF)'sSpecial Drawing Rights (SDR) basket from Oct 1 is crucial for the currency's globalization,said an Argentine economist. In an interview with Xinhua, Jorge [...]
New free trade zones back up China’s commitment to openness
By setting up seven more free trade zones (FTZs), China has demonstrated its resolve to liberalize trade and investment. By setting up seven more free trade zones (FTZs), China has demonstrated its resolve to liberalize [...]
VAT reform saves companies 210 bln yuan since January
Chinese businesses saved 210.7 billion yuan (31.5 billion U.S. dollars) as of the end of July under a reform plan to replace business tax with value-added tax (VAT), official data showed on Sunday. Tax reform [...]
SOE reform key to northeast region’s revival
The government is determined to rejuvenate the northeastern region. And to achieve its goal, the government has to focus on the reform of State-owned enterprises, because that is the key to economic transformation of lackluster [...]
China adds 7 new free trade zones
Chinese authorities have decided to set up seven new free trade zones (FTZs) across the country, bringing the total number to 11 as China looks to replicate the success of previous trials. The new FTZs [...]
