Other Briefings
Filing Individual Tax Returns in Hong Kong: A Complete Guide
Hong Kong’s Inland Revenue Department has issued the Individual Tax Return for the year of assessment 2023/24. Individual taxpayers are advised to start preparations early and allocate sufficient resources to meet the deadline.
China’s New Tariff Law: Consolidating and Codifying Existing Tariff Regulations
China’s new Tariff Law consolidates prior rules on import and export duties and codifies measures for imposing counter-tariffs on imported goods.
China Monthly Tax Brief: April 2024
Highlights from this monthly China tax brief include a new tariff law, extended IIT payment period for listed company equity incentives to 36 months, streamlined foreign exchange management rules, and guidance for individuals handling overseas tax and fee liability.
Tax Incentives for Manufacturing Companies in China in 2024
China implements a wide range preferential tax policies for manufacturing companies, including VAT rebates, reduced corporate tax rates, and R&D incentives.
Shenzhen’s Qianhai Cooperation Zone Expands Preferential IIT and CIT Policies
The Shenzhen Municipal Tax Bureau, Shenzhen Municipal Finance Bureau, and State Tax Administration have issued two notices broadening tax incentives for individuals and companies in the Qianhai Cooperation Zone.
Asia Transfer Pricing Brief: Q1 2024
In our Asia Transfer Pricing Brief for Q1 2024, we introduce Indonesia’s updated transfer pricing guidelines and highlight Singapore and Hong Kong’s progress on implementing Pillar Two income inclusion rule and domestic top-up tax rule.
A Guide to China’s New Company Law for Foreign Investors – New Publication Out Now
China’s New Company Law has far-reaching implications for businesses. In this publication, we guide foreign investors through the changes of the New Company Law for existing and new FIEs and relevant stakeholders.
Annual CIT Reconciliation in 2024 – A Brief Guide for Companies
Companies are advised to begin tax filing procedures as soon as possible to complete CIT reconciliation before the deadline of May 31, 2024.
