China Tax Weekly Update - Issue 4
China Tax Weekly Update - Issue 4
Issue 4, February 2016
The following matters are covered in this issue:
- Forum on Value Added Tax (VAT) reforms and rebalancing central-local tax revenue allocations in 2016
- Improvement of tax services for large enterprises
- SAT revises Corporate Income Tax (CIT) Filing Forms
- Exemption threshold for governmental funds increased
- SAT Q&A on reform plan for the state and local tax collection and administration system
- Implementation of Multilateral Convention on Mutual Administrative Assistance in Tax Matters
- Fourth Protocol to China-HK DTA effective
- SAT issues 10 measures to support Shanghai Scientific and Technological Innovation Centre
- Compensation on investment to scientific and technological innovation enterprises in Shanghai
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