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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 issued by the Beijing Municipal Tax Service, State Taxation Administration (STA) regarding filing of related party transaction forms and preparation of transfer pricing (TP) documentation for year 2022; Notice issued by the Hainan Provincial Tax Service, STA regarding related party transaction forms and preparation of TP documentation for year 2022; Public notice issued by the Commerce Department of Zhejiang Province regarding public opinions consultation on the “Guiding Opinions on Encouraging the Establishment and Development of Foreign-funded research and development Centers (Discussion Draft)”; Joint Statement between the People’s Republic of China and Federal Republic of Brazil on deepening comprehensive strategic partnership.
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.