China Tax & Investment Express Issue No. 2022006 - Issues related to the 2021 Annual Individual Income Tax Filing for Consolidated Income

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 issues related to the 2021 annual Individual Income Tax filing for consolidated income; PN regarding extending the implementation period of certain preferential tax policies; PN regarding Value-added Tax policies for corporate sponsors of the Hangzhou 2022 Asian Games and Asian Paralympic Games; Approval on the establishment of cross-border e-commerce comprehensive pilot zones in 27 cities and regions; 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.

Download this Tax Alert