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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 matters related to annual Corporate Income Tax filing; PN regarding improving the Value-added Tax (VAT) policies for comprehensive utilization of resources; Administrative Measures for the Information Disclosure of Entities Seriously Violating Tax Laws or Acting in Bad Faith; Decisions on revising the “Administrative Measures for the Formulation of Tax-related Regulatory Documents”; PN regarding the VAT policy for insurance for exported goods; Notice regarding public opinions consultation on the “Company Law of the People’s Republic of China (Revised Draft)”; Notice regarding launching high-level pilot opening-up of cross-border trade and investment; PN regarding expanding the application scope of policies and systems for the Yangpu Bonded Port Area; 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.