International
E-commerce in China will be taxed
China has no plan to exempt the fast-growing area of e-commerce from taxation. The Chinese government regards e-commerce transactions and departmental store purchases as taxable transactions, according to a top Chinese tax official.
China has no plan to exempt the fast-growing area of e-commerce from taxation. The Chinese government regards e-commerce transactions and departmental store purchases as taxable transactions, according to a top Chinese tax official. Full story. -- ZDNet Asia