Update on China’s foreign digital services VAT

Type: Draft Legislation

Chinese legislators released a draft VAT law in January. In addition to combining numerous existing rules, this law moves in the direction of requiring non-resident providers of digital services to comply with VAT regulations. 

The VAT is mentioned as being applied “for the sale of services and intangible assets, where the services and intangible assets are consumed within China, or the sellers are domestic entities or individuals”. 

In 2023, the measure is likely to become a law. 

Effective date: January 2023 

Source

 

Share on Social Media

Tax Technology Alerts

Type: Legislation Effective Date: 1 April 2026Poland’s lower house of parliament (the Sejm) is reviewing draft Bill No. 2413 to temporarily reduce VAT on basic

Type: Legislation Effective Date: 1 July 2026 Slovakia has proposed raising its VAT registration threshold from €62,500 to €85,000 starting 1 July 2026, pending parliamentary

Type: Legislation Effective Date: Phased rollout Uganda’s EFRIS e-invoicing system shows that real-time invoice validation can significantly improve VAT compliance, with liabilities rising by about