China’s Draft VAT Rules Clarify Cross‑Border Service Tax (30% of Revenue)
China’s Draft VAT Rules Clarify Cross‑Border Service Tax (30% of Revenue) Beijing, August 14, 2025 – China has unveiled draft Value-Added Tax (VAT) Implementation Regulations aimed at bringing certainty to cross-border services and transactions. Released on August 11, 2025 by the Ministry of Finance and State Taxation Administration, the draft rules accompany a new VAT…