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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: Central government authorities extended the implementation of a few tax policies; Public notice (PN) regarding extending the Individual Income Tax (IIT) policies supporting residents in home purchases; PN regarding the extension of the preferential IIT policy for the Guangdong-Hong Kong-Macau Greater Bay Area; Notice regarding enhancing the implementation of fiscal support policies to promote high-quality development of small and medium-sized enterprises; Guidelines on preferential tax and fee policies for supporting the development of small and micro-sized enterprises and self-employed industrial and commercial households (Version 1.0).
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.