by Ekrem Duman | Jun 22, 2026 | China Tax, Country Tax Guides
Accounting › Country Tax Guides › China Tax ⚡ TL;DRChina determines tax residency by the 183-day rule: a foreigner who resides in China for 183 days or more in a calendar year is a tax resident, generally taxed on worldwide income (subject to the...
by Ekrem Duman | Jun 21, 2026 | China Tax, Country Tax Guides
Accounting › Country Tax Guides › China Tax ⚡ TL;DRBeyond VAT and consumption tax, China levies several other indirect and transaction taxes. Stamp duty applies to contracts and documents at low rates, and to securities trades at 0.05% (halved from 0.1%...
by Ekrem Duman | Jun 21, 2026 | China Tax, Country Tax Guides
Accounting › Country Tax Guides › China Tax ⚡ TL;DRBeyond VAT, China levies consumption tax on specific goods like tobacco, alcohol, fuel, luxury items and vehicles, charged at production, import or sale. On top of VAT and consumption tax, businesses pay...
by Ekrem Duman | Jun 21, 2026 | China Tax, Country Tax Guides
Accounting › Country Tax Guides › China Tax ⚡ TL;DRChina’s new VAT Law took effect on January 1, 2026, elevating VAT from administrative regulations to national legislation. It maintains the 13%/9%/6% rates, unifies the simplified levy at 3%,...
by Ekrem Duman | Jun 21, 2026 | China Tax, Country Tax Guides
Accounting › Country Tax Guides › China Tax ⚡ TL;DRChina divides VAT payers into general taxpayers and small-scale taxpayers at an annual sales threshold of RMB 5 million. General taxpayers charge the standard 13%/9%/6% rates and can credit input VAT....
by Ekrem Duman | Jun 21, 2026 | China Tax, Country Tax Guides
Accounting › Country Tax Guides › China Tax ⚡ TL;DRChina’s Value-Added Tax (VAT) is the main indirect tax, charged across the supply chain on goods, services, intangibles and real estate. General taxpayers face three rates: 13% (most goods), 9%...
