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China Tax & Investment Express Issue No. 2021008 - 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: Notice regarding the public opinion consultation on the “Draft Stamp Duty Law of the People’s Republic of China (PRC)”; Notice regarding further expanding the pilot program of electronic reimbursement, entry and archiving of electronic Value-added Tax invoices; Public notice (PN) regarding the second batch of charitable social organizations through which charitable donations made are deductible for income tax purposes for 2020-2022; PN regarding matters related to the implementation of the “Administrative Measures of the Customs of the PRC for Reduction and Exemption of Import and Export Duties”.
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.