Tax & Accounting

Latest News

Language

• French
• German
• Italian
• Russian
• Spanish
• Chinese
• Portuguese

• 
  January 7, 2021 by China Briefing Reading Time: 7 minutes
  

  2021 Import-Export Taxes and Duties in China

  We explain China’s updated import and export tax rates and duties for 2021, and highlight key issues that foreign companies should take note of.
• 
  December 29, 2020 by China Briefing Reading Time: 4 minutes
  

  China to Launch Electronic Special VAT Invoice Nationwide

  Special VAT e-fapiao are now being implemented in more regions and can be accepted by fapiao recipients across the country.
• 
  December 25, 2020 by China Briefing Reading Time: 2 minutes
  

  China Clarifies Deadlines for Filing Tax Returns in 2021

  China’s State Taxation Administration issued a circular clarifying the specific deadlines for filing tax returns in 2021.
• 
  December 22, 2020 by China Briefing Reading Time: 7 minutes
  

  Common Errors in Accounting, Tax, Forex Management of FIEs in China

  Foreign invested enterprises in China should note these common errors to optimize their internal finance processes and get the most out of their annual audit.
• 
  December 21, 2020 by China Briefing Reading Time: 3 minutes
  

  China Extends Pretax Deductions for Companies’ Advertising Expenses by Five Years

  China is extending companies’ pretax deduction for advertising and business publicity expenses from January 1, 2021 to December 31, 2025.
• 
  December 9, 2020 by China Briefing Reading Time: 3 minutes
  

  China Optimizes Prepayment of Individual Income Tax by Some Taxpayers

  China has optimized the prepayment of individual income tax by some taxpayers starting January 1, 2021. We discuss eligibility and calculation of IIT.
• 
  December 3, 2020 by China Briefing Reading Time: 2 minutes
  

  Annual Audit and Compliance in China: Prepare for 2021 – New Issue of China Briefing Magazine

  In this edition of China Briefing Magazine, we walk foreign businesses through the annual audit and compliance process from start to finish.
• 
  November 24, 2020 by China Briefing Reading Time: 12 minutes
  

  Chinese Accounting Standards for Business Enterprises: Prepare for Changes in 2021

  From January 1, 2021, several new accounting standards regarding revenue, leases, and financial instruments will apply to entities that have adopted CAS.