China Tax & Investment Express Issue No. 2021015 - Implementing the preferential income tax policies for small and micro-sized enterprises and self-employed industrial and commercial households

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 (PN) regarding implementing the preferential income tax policies for small and micro-sized enterprises and self-employed industrial and commercial households; PN regarding certain matters related to implementing the preferential income tax policies for SMEs and self-employed industrial and commercial households; Notice regarding public opinion consultation on the “Regulations on Procedures for Handling Tax Inspection Cases (Discussion Draft)”; Notice regarding the import-level tax policies for supporting the development of new display industry for 2021-2030; Notice regarding the administrative measures for the import-level tax policies for supporting the development of new display industry for 2021-2030; Notice regarding the adjusted Catalog of Pre-approval Items for Business Registration; and Opinions on financial support for the comprehensive deepening of reform and opening-up in Hainan.

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.

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