China – reduction of the VAT rate as from 1 of May 2018


The following was announced by Premier Li, during State Council meeting yesterday, Mar 28.:

Reduction in VAT rate – Manufacturing, etc. VAT rate reduce from 17% to 16%.  Transportation, construction, basis telecom, etc, VAT rate reduce from 11% to 10%.Read More »

Toll manufacturing creates a fixed establishment in Poland


A Polish court (i.e. the Administrative Court of Warsaw) ruled in one of its recent judgments toll manufacturing to create a fixed establishment for VAT in Poland.

Background
A Finnish manufacturer of boats intended to extend its business activities to Poland. Before it started conducting business in Poland, it applied for a ruling to the Polish Ministry of Finance. Read More »