News / 2013

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New Tax on International Transportation Charges and Services Payable in China

The China Ministry of Finance (MOF) and State Administration of Taxation (SAT) issued a circular (Caishui [2013] No. 37, (“Circular 37”)) on May 24, 2013, announcing the expansion of the Value-Added Tax (VAT) Reform Pilot on a nationwide basis.  Certain revisions to the pilot regulations in this nationwide application of the VAT program will result in a 6% VAT charge assessed on transportation charges and freight forwarding services billed and paid in China.

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MIQ Logistics nominated as a finalist in the eyefortransport 3PL Awards in the “Best 3PL for Retail Supply Chains” category

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Hong Kong Port Workers End 40-Day Strike

The Wall Street Journal

Hong Kong port workers accepted on Monday a 9.8% pay rise—ending their strike and averting further disruption at the world’s third-busiest container port.

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