Value-added
tax refund (payment) simulation is added to the “YAS China Information” page
on the Japanese website
A useful value-added tax
refund (payment) simulation was recently added to the “YAS China
Information” page on the Japanese website.
URL:
http://www.yusen.co.jp/china/law/tax/index.html
This is an easy-to-use
simulation system where refunds or payments of the very complicated value-added
tax in China are automatically calculated by simply entering purchase price and
export value. The system has been available since May 31, 2005, and has already
earned a favorable reputation from customers. The system calculates the amount
of a refund of value-added tax in advance, which is set at as high as 17% in
general, without requiring difficult and complicated calculations, which is
helpful in forming a production plan.
On
this site, the “Search for a City in China” function was available as the
first tool in April, followed by the phased upload of the latest information on
the legal system and other information regarding logistics in China. The purpose
of the site is to be a functional base for transmission of information meeting
the needs of customers.