The State Administration of Taxation (SAT) Announcement No. 6 of 2016 on “Reasonably Reducing the Tax Declaration Times for Taxpayers ” defined that small-scale VAT taxpayers as well as small-scale enterprises shall only make quarterly payments of VAT starting from 1 April 2016 instead of the previous method of declaring VAT on monthly basis instead.  … Continue reading From April 1st: Reduced Tax declaration periods for Small-Scale & Low Profit Taxpayers