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Input VAT Credit Refund Policies in China

Word tax and acronym VAT Value Added Tax, in 3D wooden alphabet letters in crossword form.

On 21 March 2022, in order to support the development of micro and small enterprises, manufacturing and other industries, boost confidence of market players and stimulate the market development, the Ministry of Finance (MOF) and the State Taxation Administration (STA) released Announcement [2022] No. 14, which expands the scope of policies for monthly full refund […]