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China Issues Revised Rules on VAT Exemption for Cross-Border Services

|Approved Changes|China
China

On 5 September 2014, China's State Administration of Taxation issued Public Notice 49 (2014), which covers new rules concerning VAT exemption for cross-border services. The rules apply from 1 October 2014, and replace earlier rules issued in 2013.

Under the revised rules, the following cross-border services are exempt when provided by a domestic Chinese entity or individual:

  • Offshore surveys…

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