Webinar recording: Preparing for China’s new VAT era

This KPMG International webinar, held on 21 January, focuses on the newly-enacted Implementation Regulations for China’s VAT Law.

These regulations, which have taken effect alongside the VAT Law as of 1 January 2026, provide detailed provisions on tax rates, tax payable, incentives and administrative procedures for implementing the VAT law. Key areas of change include: clarification of the circumstances that constitute domestic consumption of services and intangible assets; explanation of applicable tax rates and collection rates for mixed sales transactions; temporary prohibition on the deduction of input VAT for...

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Authors: Kenneth Leung

Published Date: 06 February 2026

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