Taxation Reforms and Changes in Revenue Assignments in China /

The value-added tax (VAT) in China has the unusual feature that capital goods are included in the VAT base. In addition, most services are subject to the business tax, which is not creditable against VAT, but which accrues to local governments, and operates as a turnover tax. On grounds of economic...

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Bibliografische gegevens
Hoofdauteur: Singh, Raju
Andere auteurs: Ahmad, Ehtisham, Lockwood, Ben
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2004.
Reeks:IMF Working Papers; Working Paper ; No. 2004/125
Online toegang:Full text available on IMF