China Tax & Investment Express Issue No. 2022007 - State Council Executive Meeting regarding Specified Measures to Encourage China’s Industrial Economy and Services Sectors

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: State Council executive meeting regarding specified measures to encourage China’s industrial economy and services sectors; Public notice regarding the “Second Batch of Illegal Acts Exempt from Tax Administrative Punishment in Case of First-time Violation”; Notice regarding adjusting the zero-tariff policy for self-use manufacturing equipment in Hainan Free Trade Port; 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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