The Previous, Present and Future of VAT Reform in China SHANGHAI — At the start off of 2012, China launched a massive reform to replace BT with VAT, two of the country's 3 key indirect taxes. Prior to the reform,
The Previous, Present and Future of VAT Reform in China SHANGHAI — At the start off of 2012, China launched a massive reform to replace BT with VAT, two of the country's 3 key indirect taxes. Prior to the reform,