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Day: April 23, 2018

China’s State Council executive meeting determined actions to deepen the value-added tax (VAT) reform. The VAT further cut will be effective from May 1st, 2018. Major VAT tax cuts will include: Reduction from 17% to 16% in manufacturing industries; Reduction from 11% to 10% in transportation, construction, agricultural and telecommunication sectors.
First of all, what is transfer pricing? Transfer Pricing is the price to which one headquarter transfers products or services to its associated enterprises located in different countries. Transfer prices are applied to multinational groups to evaluate the performance of their different members (branches and subsidiaries).
First of all, what is transfer pricing? Transfer Pricing is the price to which one headquarter transfers products or services to its associated enterprises located in different countries. Transfer prices are applied to multinational groups to evaluate the performance of their different members (branches and subsidiaries).
First of all, what is transfer pricing? Transfer Pricing is the price to which one headquarter transfers products or services to its associated enterprises located in different countries. Transfer prices are applied to multinational groups to evaluate the performance of their different members (branches and subsidiaries).
First of all, what is transfer pricing? Transfer Pricing is the price to which one headquarter transfers products or services to its associated enterprises located in different countries. Transfer prices are applied to multinational groups to evaluate the performance of their different members (branches and subsidiaries).

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