Tax Services

  • Share

China Indirect Tax Alert

China indirect tax alert aims to bring to you real time information regarding the latest indirect tax announcements issued by authorities at the central government level (e.g., State Administration of Taxation, General Administration of Customs) not only provides a synopsis of each announcement issued by the authorities, but it also includes our observation on the impact of each announcement. We hope this publication can help you keep abreast of the latest developments in customs duty, value-added tax, consumption tax and other indirect tax regulations in China.

Please feel free to contact EY client service professionals for further assistance if you find the announcements have an impact on your business operations.

  • 2018
    • China Indirect Tax Alert, March 2018

      GAC Decree No. 237 on “The Measures on the Administration of Enterprise Credit” (pdf, 256.29 kb)

      The General Administration of China Customs (“GAC”) recently released the “the Measures of Customs on the Administration of Enterprise Credit” (i.e. GAC Decree [2018] No. 237), which will come into effect on 1 May 2018. Significant changes have been made with amendments to most of the clauses in the previous Measures(i.e., Decree 225) and the inclusion of new provisions.

    • China Indirect Tax Alert, January 2018

      GAC Decree No. 236 on "The Interim Administrative Procedure for Customs Advance Ruling" (pdf, 49.20 kb)

      On 26 December 2017, the General Administration of Customs released Decree [2017] No. 236 “The Interim Administrative Procedure for Customs Advance Ruling”, which will come into effect on 1 February 2018.

  • 2017
    • China Indirect Tax Alert, July 2017
      Public notice regarding the promotion of the integrative customs clearance reform on a nationwide basis (pdf, 598 kb)
      On 28 June, the General Administration of Customs (“GAC”) released a Public Notice regarding the promotion of the nationwide integrated customs clearance reforms (“GAC Notice [2017] No. 25”; or “the Notice”) which entered into effect on 1 July 2017.
    • China Indirect Tax Alert, July 2017
      Caishui [2017] No. 56 Alerts - Further Clarification of VAT regulation on Asset Management Finally Released (pdf, 364.01 kb)
      On 30 June 2017, the Ministry of Finance and the State Administration of Taxation jointly released Caishui [2017] No. 56 (“Circular 56”) to further elaborate on Article 4 of Caishui [2016] No. 140 (“Circular 140”, i.e., Notice regarding clarifications on certain VAT related policies under the VAT pilot arrangements) and Caishui [2017] No. 2 (“Circular 2”).

      Circular 56 further clarifies VAT policy and levy issues regarding asset management products, and stipulates that the effective date will be 1 January 2018. Due to its significance to the asset management industry, EY has prepared our interpretation and analysis of Circular 56 for your reference.

      Kindly note that this issue of China Indirect Tax Alert is in English. For Chinese Alert, please refer to our release on 5 July 2017.

Connect with us

Stay connected with us through social media, email alerts or webcasts.

Contact us

Kenneth Leung
Greater China Indirect Tax Partner
+86 10 5815 3808


China Indirect Tax Alert

Chinese version is also available.