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	<title>CIIC:Today's featured article/March16, 2013 - Revision history</title>
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	<updated>2026-06-09T01:13:56Z</updated>
	<subtitle>Revision history for this page on the wiki</subtitle>
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		<title>imported&gt;Ciic: Created page with 'Transformation in China's turnover tax system.  The '''replacement of business tax with value-...'</title>
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		<updated>2013-03-11T01:37:16Z</updated>

		<summary type="html">&lt;p&gt;Created page with &amp;#039;&lt;a href=&quot;/index.php?title=File:The_replacement_of_business_tax_with_value-added_tax.JPEG&quot; title=&quot;File:The replacement of business tax with value-added tax.JPEG&quot;&gt;thumb|270px|left|Transformation in China&amp;#039;s turnover tax system.&lt;/a&gt;  The &amp;#039;&amp;#039;&amp;#039;replacement of business tax with value-...&amp;#039;&lt;/p&gt;
&lt;p&gt;&lt;b&gt;New page&lt;/b&gt;&lt;/p&gt;&lt;div&gt;[[file:The replacement of business tax with value-added tax.JPEG|thumb|270px|left|Transformation in China's turnover tax system.]]&lt;br /&gt;
&lt;br /&gt;
The '''replacement of business tax with value-added tax''' ('''营改增''') is considered the most significant transformation in China's turnover tax system since the 1994 tax reform. This change aims to maintain the fiscal balance in both central and local governments. ([[Replacing business tax with value-added tax|More]])&lt;/div&gt;</summary>
		<author><name>imported&gt;Ciic</name></author>
		
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