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China Tax & Investment Express Issue No. 2021012 - Certain Matters Related to the Application of Simplified Procedures for Unilateral Advance Pricing Arrangement (Discussion Draft)
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 public opinion consultation on the “Public Notice (PN) issued by the State Taxation Administration Regarding Certain Matters Related to the Application of Simplified Procedures for Unilateral Advance Pricing Arrangement (Discussion Draft)”; PN regarding extending the implementation period of certain preferential tax policies; PN regarding continuously implementing certain preferential tax policies in response to the COVID-19 epidemic; Opinions on further deepening the reform of tax collection and administration; Opinions on the work division for implementing the key tasks of the “Report on the Work of the Government”; and Notice regarding optimizing the handling of the “Confirmation Letter for Encouraged Domestic and Foreign-invested Projects”.
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.