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China Tax & Investment Express Issue No. 2021018 - Deed Tax policies for supporting the reorganization and restructuring of enterprises and public institutions
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 the extension of Deed Tax policies for supporting the reorganization and restructuring of enterprises and public institutions; PN regarding clarifications on certain administrative issues related to the refund of input Value-Added Tax credits brought forward from the previous periods for taxpayers engaging in the advanced manufacturing industry; PN regarding certain issues related to the implementation of Corporate Income Tax policies for third-party enterprises engaging in pollution prevention and control; PN regarding certain matters related to the calculation of the emission of taxable pollutants for Environmental Protection Tax purposes; Notice regarding public opinion consultation on the “Law of the People’s Republic of China on Hainan Free Trade Port (Second Draft for Review)”; and Decisions on authorizing the State Council to temporarily adjust the application of certain laws and regulations in Pilot Free Trade Zones.
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.