by Marco | Jul 26, 2019 | Accounting
A fapiao is a legal receipt which works as proof of purchase for goods or services. The larger fapiao invoice system, however, is a crucial component of China’s tax law and compliance tool for companies. The State Administration of Tax (SAT) is responsible to print,...
by Marco | Feb 14, 2019 | Accounting, Breaking News
China is sticking with a large-scale tax cut strategy deployed last year to keep the economy humming, adding to the 1.3 trillion yuan ($192 billion) of relief already in place with further cuts to income taxes and social security premiums. Speaking with business...
