Summary | VAT is supposed to replace business tax this month
onwards in the real estate industry.Developers have long been
levied a 5 percent business tax on their sales."The new system
might save some tax.But we just want to ensure there is no
increase in tax outgo."For major developers, getting invoices
would not be difficult as they have bargaining power.For ...
onwards in the real estate industry.Developers have long been
levied a 5 percent business tax on their sales."The new system
might save some tax.But we just want to ensure there is no
increase in tax outgo."For major developers, getting invoices
would not be difficult as they have bargaining power.For ...
en.ce.cn | 03 May 2016