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China’s VAT credit refund policy: how to succeed

Since March 2022, the Chinese government has implemented value-added tax (VAT) credit refunds on a large scale to help enterprises in specific sectors facilitate cashflow and sustain a stable macroeconomic performance. This article summarises the key challenges in the VAT credit refund application process and shares our experiences in liaising with the local tax authorities.

Source: hawksford.com

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