Blue-chip brands are slashing their prices in China to boost their bottom lines. Household names such as Apple and fashion labels Louis Vuitton and Gucci have decided to cut their prices after Beijing reduced value-added tax, or VAT, across the board. “World famous consumer brands have announced their decisions to cut their suggested retail prices […]
Tag: Value-added tax
Posted inChina
Elderly care homes exempt from VAT
Posted inUncategorized