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International Law

: China Briefing Blog

Changes to Chinese Input VAT Credits on Fixed Assets

By China Briefing

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Sept. 17 – The Ministry of Commerce and State Administration of Taxation jointly issued Circular Caishui (2009) 113 on Sept. 9, providing further clarification on the applicable methods of evaluating input VAT credits on fixed assets. The circular provides definitions for VAT purposes on buildings, structures, and attachments to land as well as the VAT treatment [...]

Full post as published by China Briefing Blog on September 17, 2009 (boomark / email).

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