China to hike tax on condoms in attempt to boost falling birth rate
From 1 January, contraceptives will be subject to a 13% VAT rate – part of a carrot-and-stick approach by the government to increase birthsChina is set to impose a value-added tax (VAT) on condoms and other contraceptives for the first time in three decades, as the country tries to boost its...
<p>From 1 January, contraceptives will be subject to a 13% VAT rate – part of a carrot-and-stick approach by the government to increase births</p><p>China is set to impose a value-added tax (VAT) on condoms and other contraceptives for the first time in three decades, as the country tries to boost its <a href="https://www.theguardian.com/world/2024/jan/17/china-population-decline-accelerates-as-birthrate-hits-record-low">birthrate</a> and modernise its tax laws.</p><p>From 1 January, condoms and contraceptives will be subject to a 13% VAT rate – a tax from which the goods have been exempt since China introduced nationwide VAT in 1993.</p> <a href="https://www.theguardian.com/world/2025/dec/18/china-to-raise-tax-condoms-boost-birth-rate">Continue reading...</a>
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