Wholesale and retail value-added tax rate
Yes 13%. According to the Provisional Regulations of People's Republic of China (PRC) on Value-added Tax, the tax rate of wholesale and retail trade is 13%, but the tax rate of corresponding products or services can be adjusted according to the requirements of the local tax authorities. The tax rate refers to the proportion of VAT payable by VAT taxpayers in the current period to the taxable sales income in the current period.