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China Tax & Investment Express Issue No. 2021021 - Certain matters related to the deduction of charitable donations made through charitable mass organizations for income tax purposes
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 certain matters related to the deduction of charitable donations made through charitable mass organizations for income tax purposes; PN regarding the “Administrative Measures on Value-added Tax Refund for the Beijing 2022 Olympic and Paralympic Winter Games and Related Test Events”; and Notice regarding deepening the reform of “Separating Permits from Business Licenses” and further stimulating the vitality of market entities.
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.