Skip to main content

Clifford Chance

Clifford Chance
Briefings

Briefings

China's VAT Reform: potential impact on FTZ aircraft leasing

10 May 2016

On 23 March 2016, China's Ministry of Finance and the State Administration of Taxation jointly issued Circular Cai Shui [2016] No. 36 (Circular 36) regarding the Comprehensive Rollout of the Business Tax to Value-Added Tax Transformation Pilot Program (B2V Reform).

Download PDF