CMS, China | Chinese Tax Regulation Update | February 2020
Dear Sir or Madam, Please find enclosed our update on the latest developments on Chinese Tax Law.
Kind regards, CMS, China
|Circular Number||Issuance Date||Effective Date||Topic||What is new?|
|Cai Guan Shui  No. 2, jointly released by the MOF, the Ministry of Industry and Information of Technology (“MIIT”), the General Administration of Customs (“GAC”), the SAT and the National Energy Administration (“NEA”)||2020-01-08||2020-01-08||Import tax policies for manufacturing key technological equipment or products||The Circular, superseding the current relevant circulars Cai Guan Shui  No. 2 and Cai Guan Shui  No. 51, stipulates the adjustment of import tax policies to expedite revitalisation of equipment manufacturing industry. The key points that are worth attention mainly include the following: |
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