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China Tax & Investment Express Issue No. 2021047 - Fully Digitalized E-invoicing Pilot Program
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) issued by the Shanghai Municipal Tax Service, State Taxation Administration (STA) regarding the fully digitalized e-invoicing pilot program; PN issued by the Guangdong Provincial Tax Service, STA regarding the fully digitalized e-invoicing pilot program; Notice regarding further implementing the “Law of the People’s Republic of China on Administrative Penalties”; Notice regarding the implementation plan on deepening the reform of “Separating Permits from Business Licenses” and further stimulating the vitality 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.