China Tax & Investment Express Issue No. 2023034 - “Super input Value-added Tax credit” policy for advanced manufacturin

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 the “super input Value-added Tax credit” policy for advanced manufacturing enterprises; Central government authorities extended the implementation of a few tax policies; Agreement Between the Government of the People’s Republic of China (PRC) and the Government of the Kingdom of Norway for the Elimination of Double Taxation with Respect to Taxes on Income and the Prevention of Tax Evasion and Avoidance; PN regarding extending the tax policies on the return of exported goods in cross-border e-commerce; The Legislation Plan of the Standing Committee of the 14th National People’s Congress; Notice regarding public opinions consultation on the “Company Law of the PRC (Third Draft Amendment)”.

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.

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