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  • China Tax Weekly Update - Issue 9

China Tax Weekly Update - Issue 9

China Tax Weekly Update - Issue 9

Issue 9, March 2016

China Tax Weekly Update

The following matters are covered in this issue:

  • Report on the Work of the Government (2016) – Tax related topics
  • Ministry of Finance (MOF): Minister of the MOF answers questions on financial and tax reform
  • MOF: Tax incentives will generally continue during the VAT reform period
  • General Administration of Customs (GAC): Speed up the integration of special customs regulation zones
  • GAC: Create new foreign trade growth point and guide the backflow of overseas consumption
  • Q&A by three departments on the new version of Administrative Measures for Recognition of High and New Technology Enterprise (HNTE)
  • SAT clarifies certain issues concerning the tax administrative approvals (SAT Announcement [2016] No. 11) 
  • SAT issues guidance opinions on enhancing the in-process and post administration (Shui Zong Fa [2016] No. 28)
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