Implementation of China's Indirect Tax Reform Pilot Program

Asia-Pacific Tax Newsalert

Following the announcement of the indirect tax reform pilot program in Shanghai ("the Pilot Program"), the Ministry of Finance and the State Administration of Taxation jointly released two important implementation circulars (Circular 110 and Circular 111) on November 14, 2011 regarding the Pilot Program. The Pilot Program will be effective January 1, 2012.

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