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China Tax & Investment Express Issue No. 2022032 - The State Council executive meeting to deploy measures to promote the reduction of corporate financing costs and personal consumption credit costs, increase financial support for real economy
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: The State Council executive meeting to deploy measures to promote the reduction of corporate financing costs and personal consumption credit costs, increase financial support for real economy, etc.; Public notice (PN) regarding on-site inspection of the State Taxation Administration on key tasks; Notice regarding public opinion consultation on the implementation of tax refund and tax/fee reduction policies in 2022; PN regarding the tax policies on legal aid subsidies; Opinions on further regulating the formulation and administration of the standards of administrative discretion.
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.