BEIJING : China's finance ministry and tax regulator on Wednesday said they will accelerate Value Added Tax credit rebates for small firms.
Medium-sized manufacturing firms are allowed to claim VAT credit rebates starting from May, earlier than the previously announced starting time of July, the Ministry of Finance and the State Taxation Administration said in a statement.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: