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China Tax & Investment Express Issue No. 2022027 - The pilot program on preferential Corporate Income Tax policies; etc
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 pilot program on preferential Corporate Income Tax policies for enterprises conducting basic research in the core area of Zhongguancun National Independent Innovation Demonstration Zone (Haidian Park); Public notice regarding extending the application deadline for input Value-added Tax refunds of July 2022; Notice regarding accelerating relevant procedures of “levy first and refund later”; Notice regarding the 2022 Legislative Work Plan of the State Council; 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.