Summary | The two systems are business tax, which refers to a
levy on the gross revenue of a business.Manufacturing entities
have been subject to VAT since 1994.It was a success, and by
August 2013 the was rolled out across the country.(CICC), the
country's first joint venture investment bank.One main
objective of VAT reform is to alleviate the tax burden.So the ...
levy on the gross revenue of a business.Manufacturing entities
have been subject to VAT since 1994.It was a success, and by
August 2013 the was rolled out across the country.(CICC), the
country's first joint venture investment bank.One main
objective of VAT reform is to alleviate the tax burden.So the ...
en.ce.cn | 25 January 2016