Core Points - The Ministry of Finance and the State Taxation Administration released the draft implementation regulations for the Value-Added Tax (VAT) Law on August 11, aiming to enhance the operability of the largest tax category in China [1][2] - The VAT accounts for approximately 38% of total tax revenue, with an income of about 6.57 trillion yuan in the past year, reflecting its significant impact on the economy [1] - The implementation regulations provide detailed provisions on tax rates, taxable amounts, tax incentives, and collection management, thereby ensuring a smoother implementation of the VAT Law set to take effect on January 1, 2026 [2] Summary by Sections VAT Law Implementation - The draft implementation regulations further clarify the VAT Law's provisions on tax rates, taxable amounts, tax incentives, and collection management [1][2] - The regulations specify that certain services, such as international transportation and intangible assets, will be taxed at a zero rate [1] Tax Incentives - The implementation regulations refine the standards for tax incentives supporting agriculture, education, healthcare, and elderly care, including the exemption of VAT for certain educational services provided by registered institutions [2] - The regulations aim to enhance the certainty and operability of the tax system, contributing to a cohesive VAT regulatory framework [2] Legislative Process - The State Taxation Administration is expediting the legislative process for the implementation regulations while also revising the tax collection management law, which is the highest-level procedural law in China's tax legal system [2]

作为我国第一大税种，增值税覆盖国民经济所有行业和全链条，涉及面广、影响大，关系广大纳税人切 身利益。《中华人民共和国增值税法》（以下简称"《增值税法》"）是规范增值税征收和缴纳的法律。 2024年12月25日，《增值税法》在三次广泛征求社会意见和修订完善后，经十四届全国人大常委会第十 三次会议表决通过后，正式对外发布，明确自2026年1月1日起施行。这是我国税收法治建设的重要里程 碑。在《增值税法》即将施行前，《增值税法实施条例》的推进工作也提上日程。 8月11日，财政部消息称，为保障《中华人民共和国增值税法》顺利施行，按照国务院2025年度立法工 作计划，财政部会同国家税务总局在认真研究并广泛听取意见建议基础上，研究形成了《中华人民共和 国增值税法实施条例（征求意见稿）》（以下简称"《增值税法实施条例》"），现向社会公开征求意 见。 多位财税人士表示，《增值税法实施条例》的制定和推进是2025年一项重要立法工作。早前，财政部已 将《增值税法实施条例》列入2025年度立法工作安排。"《增值税法》是增值税制度的纲领性法律，而 《增值税法实施条例》是其配套的行政法规，两者共同构成了中国增值税制度的法律体系。"一位 ...