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China’s tax department continuously accelerated the export tax refund this year, offering powerful support for the steady growth of foreign trade, Securities Times reported.
China has improved the export tax refund policy and the administration of foreign exchange management and traders should note the changes.
Export Tax Rebates in China: Recent Changes and Risk Management Export Tax Rebates in China: Recent Changes and Risk Management May 11, 2021 Posted by China Briefing Written by Edith Jia Reading Time: 7 minutes Export tax rebates refer to refunds of the value-added tax (VAT) and consumption tax (CT) actually paid by the exporting enterprises on exported goods during the production and circulation process. While it is an important trade policy widely adopted by various countries to promote exports, enterprises might be exposed to cert...