Gourdon, Julien; Monjon, Stéphanie; Poncet, Sandra - Université Paris-Dauphine (Paris IX) - 2014
During the last decade, the Chinese government has frequently changed the value added tax (VAT) refund levels offered to exporters. Indeed, China’s VAT system is not neutral, in particular because the exporters may not receive complete refund of the domestic VAT paid on their inputs. This...