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Notice: SMM assessments quoted at lower tax rate from Apr 1
SMM will provide tax-included price assessments at a tax rate of 13% from Apr 1
SMM will quote our tax-included price assessments at a tax rate of 13% from April 1 when the value-added tax cut of 3 percentage points for China’s manufacturing sector takes effect.
Before April 1, SMM assessments will continue to be quoted at a VAT of 16%.
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