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.| ...
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.| ...
en.ce.cn | 02 May 2016