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  • China Tax Weekly Update - Issue 44

China Tax Weekly Update - Issue 44

China Tax Weekly Update - Issue 44

China Tax Weekly Update

The followings are included in this issue:

  • Updated “China Country Practice” Chapter of the UN Practical Manual on TP for Developing Countries
  • China-Cambodia DTA signed
  • China to promote FTZ reforms throughout the country (Guo Fa [2016] No. 63)
  • SAT and SAFE promote information sharing and implement joint supervision
  • China to promote transformation of offline retail sector (Guo Ban Fa [2016] No. 78)
  • China promotes innovation in domestic trade (Shang Yi Fa [2016] No. 427) 
  • New cross-border B2C e-commerce supervision rules delayed in implementation until end of 2017
  • Measures to revitalize the economy of northeast China (Guo Fa [2016] No.62) 
  • More cities to give tax incentives for service outsourcing (Cai Shui [2016] No.108)
  • VAT exemption on cross-border taxable services (SAT Announcement [2016] No. 69)
  • Internet booked taxi services – Regulation further clarified
    • Notice on procedures for determination of online service capabilities of  internet-booked taxi service business operators (Jiao Ban Yun [2016] No. 143)
    • MOT clarifies the entry and exit procedures for vehicles engaging in internet-booked taxi services (Jiao Yun Ban [2016] No.144)
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