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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: Public notice regarding clarifications on certain issues related to the preferential Corporate Income Tax policies in the Pingtan Comprehensive Experimental Zone; Implementation Plan of Hengqin on the Preferential Individual Income Tax (IIT) Policies for High-end and Urgently-needed Talents; Notice regarding the commencement of application for the preferential IIT policies for high-end and urgently-needed talents in Hengqin for the years 2021 and 2022; Overall plan of Beijing Zhongguancun National Independent Innovation Demonstration Zone on building a pilot financial reform zone to spur sci-tech innovation.
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.