China Tax Weekly Update - Issue 23
China Tax Weekly Update - Issue 23
The following matters are covered in this issue:
- BEPS reforms: China signs Multilateral Instrument to update its DTAs
- OECD peer review for BEPS Action 6 minimum standard
- Implementation rules for venture capital tax incentive (SAT Announcement [2017] No. 20)
- China to further reduce non-tax charges on businesses
- SAFE to monitor overseas transactions using Chinese bank cards with daily reporting requirement (Hui Fa [2017] No. 15)
© 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