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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: Public notice regarding further improving the super deduction policy for research & development expenses; Catalog of sub-industries of the tourism, modern services and high-and-new technology sectors in Hainan Free Trade Port (FTP) eligible for preferential Corporate Income Tax policies; PN regarding continuously implementing the preferential Value-added Tax policy for the cultural promotion industry; Opinions on certain special measures for relaxing the market access to support the construction of Hainan FTP.
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.