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Chinese Tax Regulation Update December 2019

China - January 6 2020 The Announcement clarifies the following issues for the annual IIT filing under the new IIT Law effective from 1 January 2019...

Chinese Tax Regulation Update - November 2019

China - November 29 2019 This Announcement (“Announcement 35”) will replace the existing SAT Announcement 2015 No. 60 (“Announcement 60”) from 1 January 2020. Key changes...

Chinese Tax Regulation Update - October 2019

China - November 4 2019 Announcement 2019 No. 87 ("Announcement 87”), jointly released by the Ministry of Finance (“MoF”) and the State Administration of Taxation (“SAT”)...

Chinese Tax Regulation Update - September 2019

China - October 24 2019 Creditable input VAT derived from domestic passenger transportation services refer only to those consumed by employees who sign labour contract with...

Chinese Tax Regulation Update - August 2019

China - August 28 2019 On 1 January 2014, the circular Caishui 2014 No. 26 (“Caishui 26”) was released. According to Caishui 26, qualified companies established in...