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China Tax & Investment Express Issue No. 2023017 - Preferential Corporate Income Tax policies for Xinjiang
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 Xinjiang Autonomous Region Tax Service, State Taxation Administration regarding clarifications on certain issues related to the preferential Corporate Income Tax policies for newly established enterprises in impoverished areas of Xinjiang and the two special economic development zones in Kashgar and Khorgos; Implementation opinions of Shanghai on attracting research and development (R&D) institutions and promoting R&D industrialization; Measures of the Zhuhai National Hi-tech Industrial Development Zone for supporting technology innovation; Measures of the Zhuhai National Hi-tech Industrial Development Zone for promoting the development of the financial industry.
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.