【#CGTN 】China updates tax refund policy for foreign tourists

https://www.youtube.com/watch?v=PZ7UZaHS5Ho

China updates tax refund policy for foreign tourists

https://www.youtube.com/watch?v=PZ7UZaHS5Ho

China has updated its tax refund policy for foreign tourists, shifting from a refund-upon-departure model to a refund-upon-purchase model, the State Taxation Administration said on Tuesday. Under the new refund-upon-purchase policy, foreign visitors can instantly claim value-added tax (VAT) rebates at tax-free stores, enabling them to reuse the refunded amount in real time for further shopping. Previously, VAT rebates were only available for withdrawal upon departure.

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https://www.youtube.com/watch?v=PZ7UZaHS5Ho

from CGTN

https://www.youtube.com/watch?v=PZ7UZaHS5Ho

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