EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
Recent Searches
China Tax & Investment Express Issue No. 2021017 - Refund of input Value-added Tax credits brought forward from the previous periods for taxpayers engaging in the advanced manufacturing industries
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 clarifications on policies related to the refund of input Value-added Tax credits brought forward from the previous periods for taxpayers engaging in the advanced manufacturing industries; Conditions for enterprises specialized in integrated circuit design, equipment, materials, packaging and testing encouraged by the state; Conditions for software enterprises encouraged by the State; Notice regarding public opinion consultation on the “Supplementary PN Regarding Matters Related to the Record-filing with Tax Authorities for Outbound Remittance under Service Trade Items (Discussion Draft)”; Notice regarding import-level tax policies for supporting the development of science popularization during the 14th Five-Year Plan period; Notice regarding the administrative measures of import-level tax policies for supporting the development of science popularization during the 14th Five-Year Plan period; Notice regarding the administrative measures of the import-level tax policies for supporting technology innovation during the 14th Five-Year Plan period; Notice regarding measures on promoting trade liberalization and facilitation in Hainan Free Trade Port; Administrative Measures for Online Livestream Marketing (Trial); and Notice regarding public opinion consultation on the “Regulations of the Customs of the People’s Republic of China (PRC) on the Procedures for Handling Administrative Penalty Cases (Discussion Draft)”.
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.