Value-Added Tax Law

Value-Added Tax Law of the People’s Republic of China
中华人民共和国增值税法

[CURRENT TEXT: not yet enacted]

• Status: Planned
• Law & Regulations to be abolished
  • Decision on Applying Interim Tax Regulations on Such Taxes as Value-Added Tax, Consumption Tax, and Business Tax to Foreign-Invested Enterprises and Foreign Enterprises [关于外商投资企业和外国企业适用增值税、消费税、营业税等税收暂行条例的决定]
  • Interim Regulations on Value-Added Tax [增值税暂行条例]
• Legislative body (Vote): NPCSC (TBD)
• Drafter & Submitter: State Council
• Legislative Plans
  • Five-year: 11^th NPCSC Category I; 12^th NPCSC Category I; 13^th NPCSC Category I
  • Annual: N/A
• Legislative History & Texts
  • State Council solicited public comments: November 2019 (Chinese only)
• Legislative Records
  • Explanation (pending)
  • Report on Status of Revision (pending)
  • Report on Results of Deliberation (pending)
  • Report on Suggestions for Revision (pending)
  • Presidential Order (pending)
• Press Conference: TBD

NPC Observer Coverage

• Tracking China’s Progress Towards Law-Based Taxation (Aug. 14, 2018)