Tax & Accounting

Latest News

Language

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

• 
  September 17, 2018 by China Briefing Reading Time: 3 minutes
  

  Export Tax Rebates in China Increase for 397 Products

  China increased its export tax rebates for 391 items from September 15 to benefit steel products, LEDs, and semiconductor components, among other major exports.
• 
  September 5, 2018 by China Briefing Reading Time: 5 minutes
  

  China’s New IIT Law: Prepare for Transition

  China passed a new individual income tax (IIT) law on August 31, marking a significant reform to tax policy. In this article, we look at the major changes and implications of the new law.
• 
  September 4, 2018 by China Briefing Reading Time: 2 minutes
  

  China Tax Cuts Worth RMB 45 Billion to Support Economy Amid Slowdown

  On August 30, China’s State Council announced RMB 45 billion (US$6.59 billion) worth of tax cuts for businesses and investors.
• 
  August 21, 2018 by China Briefing Reading Time: 3 minutes
  

  How to Apply for CIT Incentives in China

  China offers a number of preferential corporate income tax policies for businesses operating in the country. These preferential tax treatments, however, do not automatically apply – businesses must first determine their eligibility and carry out the appropriate steps to benefit from the incentives.
• 
  August 13, 2018 by China Briefing Reading Time: 4 minutes
  

  How to Save VAT on Cross-border Transactions in China

  Value-added tax (VAT) applies to goods and services in China. However, zero-rated transactions and VAT-exempt transactions are two ways in which the taxpayer can benefit from VAT relief.
• 
  August 7, 2018 by China Briefing Reading Time: 6 minutes
  

  Intra-group Service Fee Treatment in China

  Tax authorities in China heavily scrutinize intra-group service fees paid by Chinese enterprises to the overseas-related parties to regulate tax avoidance and profit shifting.
• 
  July 24, 2018 by China Briefing Reading Time: 5 minutes
  

  IIT Reform in China: What’s in the Draft Law?

  China has unveiled a series of Draft Amendments to its IIT Laws, which are intended to boost consumption while combating the effects of rising living costs.
• 
  July 19, 2018 by China Briefing Reading Time: 2 minutes
  

  Preferential CIT Policies for Small and Low-Profit Enterprises in China

  China’s State Administration of Taxation (SAT) clarified its preferential corporate income tax (CIT) policies for small and low-profit enterprises in an announcement released on July 13.