China Tax & Investment Express Issue No. 2021033 - the Extension of Certain Preferential City Construction Tax Policies

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 certain preferential City Construction Tax (CCT) policies; PN regarding measures for the determination of CCT basis and other matters; PN regarding four organizations recognized as the charitable mass organizations through which charitable donations made are deductible for income tax purposes for year 2021-2023; Administrative Regulations of the People’s Republic of China (PRC) on the Registration of Market Entities; etc.

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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