The Chinese Ministry of Finance Aug. 13 issued Announcement No. 5, clarifying VAT policies for express delivery services and online freight transport platforms. The announcement includes that: 1) VAT applies to revenue from the domestic provision of express delivery services, as defined, by licensed providers, as revenue from collection and delivery services; 2) express delivery services don’t include the business activities of express delivery companies that only provide transportation services; and 3) qualified taxpayers operating online platforms for road freight transport, that purchase and deliver specified vehicle fuel types to actual carriers accepting commissions, and that pay road and other ...
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