Posts Tagged ‘VAT’
China Agrees to Remove Subsidies
Saturday, December 1, 2007 12:43 3 CommentsIn what appears to be a victory for the US side, the NY Times is reporting that China has agreed to remove a dozen subsidies on WTO disputed products. In reading the article though, and then reading Susan Schwab’s notes in PDF here, it appears to me that the USTR is looking at this on […]
New Poll: VAT Rebate Removal – What’s Your Impact?
Thursday, September 20, 2007 19:15 Comments Off on New Poll: VAT Rebate Removal – What’s Your Impact?While the removal of the VAT rebate at the end of this year is purely rumor at this point, the fact is that at some point it will be removed. For some that will mean the removal of a rebate for up to 17% of their material costs, and that could lead to signigicantly reduced […]
Call Your Accountant… VAT Rebate is Going Away!!
Thursday, September 20, 2007 4:00 11 CommentsFor those of you who were readers of All Roads earlier in the year, you will know that I beat the majority of news services to the punch when reporting the reduction of the VAT rebate for 3000 goods. Well… if our sources are correct (same sources as last time), then we are about to […]
Uh.. Did ANYONE in the U.S. Read the News Yesterday??
Thursday, June 21, 2007 14:34 4 CommentsFor the last 18 months, the daily news has been much the same. China needs to reduce the RMB… that China is not playing fair… that SOMETHING NEEDS TO BE DONE. yet.. the day after the Ministry of Commerce announced that they would reduce the VAT rebate on nearly 3000 products …. nothing. Radio silence… […]
U.S. Trade Policy: Up and Downs.. Smiles and Frowns
Wednesday, June 20, 2007 3:19 Comments Off on U.S. Trade Policy: Up and Downs.. Smiles and FrownsMaybe I am getting a little to creative with titles lately, but I am having a good week and have decided to not be so academic (not that that is a bad thing). This week has been a great week for U.S. trade policy, and while it will not start showing for another 6-12 months […]
It’s Official. Call Your Accountant NOW
Tuesday, June 19, 2007 19:04 4 CommentsIt was exactly one week ago that we broke the news that the VAT rebate was going down, and now… EVERYONE is reporting it. WSJ: China Cuts Export-Tax Rebate China Daily: China to adjust export rebate policy on 2,831 commodities IHT: China cuts tax rebates on exports I gave you a week’s head start. Hopefully […]
Rollin.. Rollin.. Rollin.. Get those Containers Floatin!
Tuesday, June 19, 2007 4:46 1 CommentLast week we told you to call your accountant, and now we are telling you to call your forwarder. While I cannot take all the credit for breaking the news, we can report that others have caught wind and everyone is booking their containers in anticipation that July 1 will bring the VAT rebate reduction […]
Call Your Accountant QUICK! VAT is going DOWN
Wednesday, June 13, 2007 0:05 5 CommentsOne of the nice things about being a consultant that also manufacturers is that we are privy to all the supplier gossip. and in a first for All Roads… we have beaten out ALL news outlets in reporting this (Now, I only hope we are NOT wrong) We hear about bankers driving up the price […]