Tag: business tax kpmg pwc

Former tax partner at KPMG China and now director of consultancy firm BC Advisory, Bolivia Cheung, offers a step-by-step guide for CFOs to take advantage of the Shanghai VAT pilot.

China's VAT tax pilot is now in full swing, with certain companies in Shanghai able to claim value-added tax rather than business tax when doing business. CT assesses the implications and consequences of this mammoth tax change.