Tag: China VAT Small-scale Taxpayer

Guangzhou Simplifies Electronic VAT Declaration Procedures

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Jan. 19 – Guangzhou’s value-added tax (VAT) small-scale taxpayers are no longer required to submit paper declaration forms when they file electronic VAT declarations.

According to the “Announcement on Canceling Paper Declaration Form Submissions During Small-Scale Taxpayers’ Electronic VAT Declaration (Guangzhou SAT Announcement [2012] No.1),” starting on January 15, VAT small-scale taxpayers that pay VAT based on auditing results and file VAT declarations electronically are not required to submit paper declaration forms anymore. Continue reading…

China’s VAT Reform: General Taxpayer Status and Tax Filing Issues

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Dec. 14 – Following the promulgation of two circulars on the pilot project for replacing the imposition of business tax (BT) with value-added tax (VAT) (Circulars No. 110 and 111) in the transport industry and certain modern service sectors in Shanghai, China’s State Administration of Taxation (SAT) recently clarified more issues regarding the VAT reform – including the application of VAT general taxpayer status in the pilot area and VAT filing issues in non-pilot areas.

VAT general taxpayer status application in the pilot area
The SAT issued the “Circular on Relevant Matters in the Recognition of VAT General Taxpayer Status in the Reform to Replace the Imposition of BT with VAT in Shanghai (Circular [2011] No. 65, “Circular”) on December 2, 2011. Continue reading…