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China Tax & Investment Express Issue No. 2021036 - Certain Matters related to Further Implementing the Policies for Super Deduction of Enterprise Research and Development Expenses
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 certain matters related to further implementing the policies for super deduction of enterprise research and development expenses; Notice regarding public opinions consultation on the “Decisions of the State Taxation Administration on the Revisions to the ‘Administrative Measures for the Formulation of Tax-related Regulatory Documents’ (Discussion Draft)”; PN regarding extending the fifth set of exclusions to the goods originating from the United States that are imposed additional tariffs; The 14th Five-year Plan of Shanghai for the Construction of a Science and Technology Innovation Center with Global Influence; Order on the “Measures of the Customs of the People’s Republic of China on the Enterprise Credit Management for Customs Registration and Record Filing”; etc.
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.