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China Tax Weekly Update - Issue 5

China Tax Weekly Update - Issue 5

Issue 5, February 2016

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China Tax Weekly Update

The following matters are covered in this issue:

  • New version of Administrative Measures for Recognition of High and New Technology Enterprise (HNTE) released
  • Administration for qualified foreign institutional investor (QFII) arrangements revised
  • Import tax issues concerning repair businesses of air materials under a guarantee arrangement clarified
  • Administration on dutiable value for operating lease of aircraft revised
  • Paperless customs clearance on automatic import permit expanded nationwide
  • Measures to develop the Yangtze River Economic Belt
  • Tax measures for the “One Belt One Road” strategy
  • SAT deepens global tax cooperation and upgrades international tax rules
  • 31 countries signed agreement to enable automatic sharing of country-by-country information
  • The State Tax Bureau (STB) of Tianjin Economic and Technological Development Zone (ETDZ) reminded on tax risks of overseas remittance
  • The 24th round of negotiation on China-US investment agreement held in Beijing
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© 2022 KPMG Huazhen LLP, a People's Republic of China partnership, KPMG Advisory (China) Limited, a limited liability company in Mainland China, 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://home.kpmg/governance.

京ICP备12028186号-1
京公网安备11010102003233号

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