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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 (PN) regarding the list of social organizations through which charitable donations made are deductible for income tax purposes for year 2024-2026; Opinions on improving special economic functions and supporting the high-quality development of the Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone; Approval on the “Work Plan for Supporting Beijing in Deepening the Construction of the Comprehensive Demonstration Zone for Expanding the Opening-up of the Service Sector”; Measures to promote the continuous high-quality development of venture capital and investment in Shenzhen; PN regarding matters related to recognition standards of enterprises acting in bad faith; Notice regarding public opinions consultation on the “Measures of the People’s Republic of China for Customs Administrative Reconsideration (Discussion Draft)”.
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.