China Tax & Investment Express Issue No. 2021049 - Catalog of Encouraged Industries Subject to Preferential Corporate Income Tax Policies for Impoverished Areas of Xinjiang

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: Notice regarding the catalog of encouraged industries subject to preferential Corporate Income Tax (CIT) policies for impoverished areas of Xinjiang; Deliberation report of the “Decision on Authorizing the State Council to Pilot Real Estate Tax Reform in Certain Regions (Draft)”; Public notice regarding the “Catalog of Environmental Protection, Energy and Water Saving Projects Subject to Preferential CIT Policies (2021 Version)” and “Catalog of Comprehensive Utilization of Resources Subject to Preferential CIT Policies (2021 Version)”; Notice regarding measures for the opening-up of the insurance intermediary market; Notice regarding revising the regulatory documents related to the utilization of insurance funds; 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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