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China Tax & Investment Express Issue No. 2021002 - The State Council’s Executive Meeting passed the Draft Stamp Duty Law of the People’s Republic of China
China Tax & Investment Express (CTIE) brings you the latest tax and business announcements on a weekly basis. We selected some comparatively key announcements to provide for a synopsis and we also provide a link that leads you to the full content of each latest announcement (in Chinese).
Matters covered in this issue include: The State Council’s Executive Meeting passed the Draft Stamp Duty Law of the People’s Republic of China (PRC) Public notice (PN) regarding revising schedules of annual Corporate Income Tax return; PN regarding the “Tariff Schedule of the PRC (2021)”; PN regarding the list of charitable social organizations through which charitable donations made are deductible for income tax purposes for 2020-2022; Notice regarding further optimizing the cross-border use of RMB and supporting the steady development of foreign trade and foreign investment; Notice regarding adjusting the macro-prudential adjustment parameter of enterprise cross-border financing.
Please feel free to contact your EY client service professionals for further assistance if you find the announcements have an impact on your business operations.