China Tax Weekly Update - Issue 7
China Tax Weekly Update - Issue 7
Issue 7, February 2016
The following matters are covered in this issue:
- The State Council issues guidance to encourage the development of Group Innovation Space (GIS) (Guo Ban Fa [2016] No. 7)
- State Council approves pilot schemes for service trade innovation (Guo Fa [2016] No. 40)
- State Council cancels the second batch of 152 administrative approval items (Guo Fa [2016] No. 9)
- SAT implements the new Administrative Measures for Recognition of High and New Technology Enterprise (HNTE) (Shui Zong Han [2016] No. 74)
- SAT improves the administration of tax credit rating (SAT Announcement [2016] No. 9)
- SAT improves the administration mechanism of taxation service complaints (Shui Zong Han [2016] No. 57)
- Pricing basis of construction projects will need to be adjusted following the VAT reform of the construction industry (Jian Ban Biao [2016] No. 4)
- Preferential Deed Tax and Business Tax policies for real estate transactions (Cai Shui [2016] No. 23)
- Improving permanent residence administration for foreigners in China
- The 11thround of negotiations for Regional Comprehensive Economic Partnership (RCEP) held in Brunei
- The first round of negotiations for China-Georgia free trade agreement (FTA) held in Georgia
© 2025 KPMG Huazhen LLP, a People's Republic of China partnership, KPMG Advisory (China) Limited, a limited liability company in Chinese Mainland, KPMG, a Macau (SAR) partnership, and KPMG, a Hong Kong (SAR) partnership, are member firms of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.
The KPMG name and logo are trademarks used under license by the
independent member firms of the KPMG global organisation.
For more detail about the structure of the KPMG global organisation please visit https://kpmg.com/governance.
Connect with us
- Find office locations kpmg.findOfficeLocations
- kpmg.emailUs
- Social media @ KPMG kpmg.socialMedia
Stay up to date with what matters to you
Gain access to personalized content based on your interests by signing up today