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China Tax Authority Adjusts VAT Filing Requirements

  • The State Administration of Taxation issued an announcement on adjusting VAT tax declaration matters.
  • The announcement takes effect from February 1, 2025.
  • Tax authorities provide data collection services for export goods that apply to VAT tax policies.
  • Taxpayers need to confirm the use of export goods information data when filing VAT tax returns.
  • Taxpayers engaged in processing and re-exporting need to fill in the amount of bonded imported materials used for corresponding export goods when confirming the use of export goods information data.
  • The announcement adjusted the “VAT and Additional Tax Fee Declaration Form (Applicable to General Taxpayers)” and its attached information filling instructions, and the “VAT and Additional Tax Fee Prepayment Form” and its attached information filling instructions.

Source: lexiscn.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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