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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: Notice on formulating the list of advanced industrial machinery enterprises eligible for research and development expenses super deductions for the year 2023; Questions & answers on 2023 annual Individual Income Tax (IIT) filing; Notice issued by the Economic Development Bureau of Guangdong-Macau In-Depth Cooperation Zone in Hengqin (Hengqin) regarding extending the application period for the preferential IIT policies for high-end and urgently needed talent in Hengqin for the year 2023; Opinions on encouraging multinational corporations to establish regional headquarters and functional organizations in Jiangsu (2024 Version).
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.