CHINA VAT REFORM

中国增值税改革

1 of 1

CHINA VAT REFORM: ACHIEVING A SUCCESSFUL TRANSITION TO VAT

A significant milestone in the reform of China’s indirect tax system was reached on 1 January 2012 with the launch of a VAT reform pilot program in Shanghai. Following the initial announcement, the pilot program has been implemented extremely quickly and if the rollout continues at the current pace, affected companies must take smart actions now in response to assess the impact to their business and start planning to ensure readiness for the new rules.

The whitepaper: China VAT Reform: Achieving a Successful Transition to VAT addresses the practical implications of the VAT reform, the challenges and opportunities it presents, and reflects on lessons learned from the Shanghai pilot. A suggested course of actions is presented to help companies consider the steps they need to take to ensure they are adequately prepared for the full transition from Business Tax (BT) to VAT. It also explores common types of technology solutions that assist companies in maximizing their VAT compliance and efficiency through automation.

To request for further information, contact wenjie.wu@thomsonreuters.com

中国增值税改革：增值税正在成功转型

2012年1月1日在上海启动的增值税改革试点计划成为中国间接税制改革的一个重要里程碑。首次公布后，该试点计划便迅速得到实施。如果试点按目前的速度继续向全国推广，企业必须立即采取行动，评估试点对业务的影响，并确保做好应对增值税改革的准备。

中国增值税改革：增值税正在成功转型 白皮书阐明了增值税改革的实践意义、企业面临的机遇和挑战，并总结了从上海试点中汲取的经验教训。白皮书还对公司为确保做好足够的准备应对从营业税(BT)到增值税的全面转型而需要采取的措施提出了具体建议。此外，白皮书还介绍了常见的自动化税务软件，以帮助企业通过自动化最大限度地提高增值税的合规性和效率。

想了解更多关于以上主题的信息和建议，请联系： wenjie.wu@thomsonreuters.com