China Tax Weekly Update - Issue 27
China Tax Weekly Update - Issue 27
- SAT enhances TP reporting and documentation (SAT Announcement [2016] No. 42)
- OECD announces further BEPS implementation steps
- Discussion Draft on Group Ratio Rule under BEPS Action 4
- BEPS Action 5 exchange of Tax Rulings XML Schema: User Guide for Tax Administrations
- Incentives for taxpayers with class-A tax credit rating (Fa Gai Cai Jin [2016] No.1467)
- Further rules to promote business system reform
- SAIC adjusts the catalogue of business items subject to pre-approval for business registration (Gong Shang Qi Zhu Zi [2016] No. 117)
- Shanghai Municipal People’s Government cancels and adjusts certain administrative approvals items (Hu Fu Fa [2016] No.41)
- Further VAT implementation rules
- SAT to carry out the pilot program of self-issuing of the special VAT invoices by the small scale VAT taxpayers in the accommodation Industry in certain areas (SAT Announcement [2016] No. 44)
- SAT revises Land Appreciation Tax (LAT) filing forms (Shui Zong Han [2016] No. 309)
- Insurance agency tax collection clarified (SAT Announcement [2016] No. 45)
- Tax administration for taxpayers operating across tax districts (Shui Zong Fa [2016] No. 106)
- Facilitation of tax handling for Beijing taxpayers
- Limitation of discretion for Beijing tax authorities to levy penalties (BSTB and BLTB Announcement [2016] No. 22)
- MOF plans to regulate the accounting treatment of bankruptcy and liquidation(Cai Ban Kuai [2016] No. 28)
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