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China Tax & Investment Express Issue No. 2022039 - Preferential tax policies for enterprises’ investment in basic research
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 preferential tax policies for enterprises’ investment in basic research; PN regarding tax policies for disposal of non-performing assets of banking financial institutions and financial asset management companies; PN regarding tax collection and administration matters related to the Individual Income Tax policy for supporting residents’ housing exchanges and purchases; PN regarding fully implementing list-based administration for tax-related administrative licensing items; PN regarding optimizing the tax administration for matters related to tax payment deferral of taxpayers.
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.