Other Briefings
CIT Deductions in China: Tax Department Clarifies Documents Required
Last week, China’s State Administration of Taxation released measures clarifying what documents are needed for corporate income tax (CIT) deductions.
Fraud in China: Where is Your Company Losing Money?
Foreign investors are less likely to disregard fraud in China than in the past; its competitive market now means businesses need to build stronger anti-fraud programs to protect margins and improve efficiency.
How to Manage Transfer Pricing in China – New Issue of China Briefing Magazine
The latest issue of China Briefing Magazine, How to Manage Transfer Pricing in China, is out now and available for download from the Asia Briefing Publication Store.
Company Relocation and Land Appreciation Tax in China
Companies in China that relocate to a new location or city face unique land appreciation tax considerations. In this article, we look at company relocation and land appreciation tax in China.
Withholding Corporate Income Tax in China
Withholding Corporate Income Tax (CIT) is applied to China-sourced income derived by non-resident enterprises without establishments in China. Read more about withholding CIT here.
China to Cut US$9.5 Billion in Taxes for Small and Micro Enterprises, High-tech Firms
On April 25, the State Council announced that China will cut more than RMB 60 billion (US$9.5 billion) worth of taxes for small and micro enterprises and high-tech firms. Read the details here.
China’s New VAT Rates: Prepare for May 1 Transition
China’s new VAT rates are set to take effect on May 1, 2018. Companies located in or doing business with China should take action to adjust to the tax updates and determine how their operations will be affected.
China Slashes VAT Rates in US$64 Billion Tax Cut
China will cut value-added tax (VAT) rates for businesses in the manufacturing, transportation, construction, telecommunication, and agricultural sectors, according to Premier Li Keqiang.
