Beijing readies trial VAT for services

Beijing is in the early stage of a trial to put a value-added tax (VAT) on services as part of an overhaul of its tax laws.

VAT previously applied to goods but not on services, said Sarah Chin Pui Pui, tax managing partner of Deloitte Touche Tohmatsu.

via Business feed http://www.scmp.com/business/china-business/article/1062769/beijing-readies-trial-vat-services