Other Briefings
Preparing for China’s Annual CIT Filing: Have You Exhausted All CIT Incentives?
The annual CIT reconciliation is a good chance of the year for companies to examine if they have exhausted all possible tax incentives. In this article, we introduce the major CIT incentives offered in China
OECD Finalizes BEPS 2.0 Implementation Guidelines – Implications for MNCs in China
The OECD has finalized implementation guidance for the 15% global minimum tax rate, which both mainland China and Hong Kong have agreed to. We discuss the latest guidance and impact on multinationals.
China to Extend Preferential Individual Income Tax Policies
China has announced the extension of several preferential individual income tax policies for resident taxpayers to boost capital market liberalization and corporate innovation.
A Quick Guide to Accounting and Audit in China 2023 – New Publication from China Briefing
In A Quick Guide to Accounting and Audit in China 2023, we walk foreign businesses through the annual audit and compliance process in China from start to finish.
VAT Taxpayer Status in China and the UK
We discuss VAT taxpayer status in China and the UK, including key differences that impact compliance expectations and financial reporting.
Tax, Accounting, and Audit in China 2022/23 – New Publication from China Briefing
This guide covers the major taxes and tax-relevant obligations that foreign investors are likely to encounter when establishing or operating a business in China.
China Tax Authority Clarified Stamp Tax on Specific Contracts
To support the implementation of Stamp Tax Law, the Ministry of Finance and State Taxation Administration issued the following announcements at the end of June 2022, including: Announcement on the Policy Implementation Standards for Several Matters Relating to Stamp Tax (Announcement [2022] No. 22 of the Ministry of Finance and the State Taxation Administration, hereinafter […]
Hainan Free Trade Port’s New Preferential Tax Policies: How do They Apply (updated)
Hainan Free Trade Port’s incentives include lower corporate and income tax rates for qualified entities between January 1, 2020 and December 31, 2024.
