China begins rollout of $64 billion tax cut plan
A massive tax reduction plan promoted by Premier Li Keqiang is intended to boost small and medium-sized enterprises. Treasurers may want to revisit contracts and renegotiate pricing.
Beijing's Ministry of Finance will reduce value-added tax (VAT) on all imported goods and on many other products by 1 percentage point, the ministry said in a filing last week.
Sign in to read on!
Registered users get 2 free articles in 30 days.
Subscribers have full unlimited access to CorporateTreasurer.
Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
If you are a treasurer, CFO or senior professional at a corporate or SME, please register for free VIP access here.
Questions?
See here for more information on licences and prices, or contact [email protected].
© Haymarket Media Limited. All rights reserved.
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
for unlimited access to all articles, newsletters
