Other Briefings
China Monthly Tax Brief: May 2025
In this monthly China tax brief for May 2025, we spotlight significant taxation policies and measures for businesses.
The China+ Strategy: Cross-Border Restructuring for Supply Chain Resilience
The latest issue of China Briefing Magazine, “The China+ Strategy: Cross-Border Restructuring for Supply Chain Resilience“, is now available as a complimentary download on the Asia Briefing Publication Store.
Additional Compliance After Completing China’s Annual CIT Filing
Following the May 31 deadline for China’s annual CIT reconciliation, companies should prioritize the preparation and retention of supporting documents for potential inspections by the tax bureau.
Accounting Digitalization in China 2025: Electronic Voucher Accounting Data Standards Promoted Nationwide
On May 19, China’s Ministry of Finance and eight other departments announced the nationwide application of electronic voucher accounting data standards. Learn what’s covered, how businesses should prepare, and why it matters for your operations.
China Transfer Pricing Documentation Deadline: Prepare Local File and Special Issue File by June 30
As the June 30 deadline approaches, companies in China must ensure they have prepared the required local file and special issue file for 2024 related party transactions.
Annual CIT Reconciliation in 2025 – 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, 2025.
China Monthly Tax Brief: April 2025
This brief spotlight significant taxation developments for businesses. Among others, China expands e-commerce zones, updates VAT and tax incentives, introduces instant VAT refunds, raises tariffs on US goods, and announces new tax audit priorities.
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 2024/25 on May 2. Individual taxpayers are advised to start preparations early and allocate sufficient resources to meet the deadline.
