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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: Notice regarding preferential Individual Income Tax policies for Nansha district in Guangzhou; Notice regarding the application and re-assessment of enterprises eligible for import-level tax policies on key technical equipment; Notice regarding the special action on strictly cracking down malicious act on defrauding input Value-added Tax credits brought forward from previous periods; Catalogue of Guidance for Key Development Areas of the Service Outsourcing Industry (2022 version); Notice issued by Shenzhen Local Financial Administration and Supervision Bureau regarding public opinions consultation on the “Opinions on Accelerating the Construction of International Wealth Management Center; 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.