China Tax & Investment Express Issue No. 2021023 - Continuously implementing the Land Appreciation Tax policies for reorganization and restructuring of enterprises

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 continuously implementing the Land Appreciation Tax policies for reorganization and restructuring of enterprises; PN regarding matters related to optimizing and integrating the export tax refund system and serving better the taxpayers; Notice regarding the 2021 Legislative Work Plan of the State Council; Notice regarding the 2020 assessment of National Technology Business Incubators; and Order on the “Regulations of the Customs of the People’s Republic of China on Procedures for Handling Administrative Penalty Cases”.

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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