China Internet Information Center

China to cut VAT rate to 3 pct for housing sales held under 2 years

BEIJING, Dec. 30 (Xinhua) -- China will lower the value-added tax (VAT) levy rate from 5 percent to 3 percent for individuals selling housing purchased less than two years ago, effective Jan. 1, 2026, ...
akm

The Federal Tax Service introduced the VAT rate of 22 into the formats of fiscal documents%

The Federal Tax Service of the Russian Federation has amended the list of additional details and formats of fiscal documents required for use. The corresponding order dated 08.12.2025 № ED-7-20/1050@ ...
BusinessWorld on MSN

CPBRD says slashing VAT rate to 10% is 'advisable' despite revenue loss concerns

LOWERING the value-added tax (VAT) rate to 10% from 12% is fiscally viable despite projected revenue losses, a congressional ...
BusinessWorld

VAT rate cut possible if exemptions curbed — DoF

FINANCE Secretary Frederick D. Go said his department is seeking to avoid revenue-eroding measures, but added that the proposed cut in the value-added tax (VAT) rate is possible if accompanied by the ...
The Nation Newspaper

I didn’t propose increase in VAT rate, says Taiwo Oyedele

The chairman of the presidential committee on fiscal policy and tax reforms, Taiwo Oyedele, has said that reports he is proposing an increase in VAT rate have been quoted out of context. The Nation ...
中国日报网

China to cut VAT rate to 3% for housing sales held under 2 years

BEIJING -- China will lower the value-added tax (VAT) levy rate from 5 percent to 3 percent for individuals selling housing purchased less than two years ago, effective Jan 1, 2026, according to an ...