China Tax Weekly Update - Issue 33
China Tax Weekly Update - Issue 33
The followings are included in this Issue:
- OECD seeks public comments on discussion draft of branch mismatch structures under BEPS Action 2
- New measures to reduce corporate costs (Guo Fa [2016] No. 48)
- Continuance of existing tax incentives for science and technology enterprise incubators (Cai Shui [2016] No. 89)
- Tax refund policy for goods exported via finance leasing further clarified (Cai Shui [2016] No. 87)
- SAT to classify & grade taxpayers (Shui Zong Fa [2016] No. 99)
- Sanctions on manufacturing operation breaching standards/rules in environmental protection (Fa Gai Cai Jin [2016] No. 1580)
- SAT standardizes the local taxes/fees collected by state tax authorities (Shui Zong Fa [2016] No. 127)
- Further VAT implementation rules from MOF and SAT
- MOF and SAT further clarify input VAT credit for toll fees (Cai Shui [2016] No. 86)
- National platform for authenticating VAT invoices goes live
- Beijing tax authorities no longer request tax-related assurance reports for CIT annual filing (BSTB & BLTB Announcement [2016] No. 29)
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