The Sales Tax Rate in China is expected to be cut to 13 percent from 16 percent in 2019. Sales Tax Rate in China averaged 16.64 percent from 2006 until 2019, reaching an all time high of 17 percent in 2007 and a record low of 13 percent in 2019.

Sales Tax Rate in China is expected to be 16.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Sales Tax Rate - VAT is projected to trend around 16.00 percent in 2020, according to our econometric models.

China Sales Tax Rate - VAT
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China Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 25.00 25.00 33.00 25.00 percent [+]
Personal Income Tax Rate 45.00 45.00 45.00 45.00 percent [+]
Sales Tax Rate 13.00 16.00 17.00 13.00 percent [+]
Social Security Rate 48.00 48.00 48.00 48.00 percent [+]
Social Security Rate For Companies 37.00 37.00 37.00 37.00 percent [+]
Social Security Rate For Employees 11.00 11.00 11.00 11.00 percent [+]


China Sales Tax Rate - VAT

In China, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the standard rate. Revenues from the Sales Tax Rate are an important source of income for the government of China. This page provides - China Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Sales Tax Rate - VAT - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
13.00 16.00 17.00 13.00 2006 - 2019 percent Yearly




Country Last Previous
Italy 22.00 Dec/19
Argentina 21.00 Dec/19
Netherlands 21.00 Dec/19
Spain 21.00 Dec/19
Euro Area 20.80 Dec/18
France 20.00 Dec/19
Russia 20.00 Dec/19
United Kingdom 20.00 Dec/19
Germany 19.00 Dec/19
India 18.00 Dec/19
Turkey 18.00 Dec/19
Brazil 17.00 Dec/19
Mexico 16.00 Dec/19
South Africa 15.00 Dec/19
China 13.00 Dec/19
Australia 10.00 Dec/19
Indonesia 10.00 Dec/19
South Korea 10.00 Dec/19
Japan 8.00 Jan/19
Switzerland 7.70 Dec/19
Singapore 7.00 Dec/19
Canada 5.00 Dec/19
Saudi Arabia 5.00 Jan/19
United States 0.00 Dec/19


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