China Tax Weekly Update - Issue 7
China Tax Weekly Update - Issue 7
Issue 7, February 2016
The following matters are covered in this issue:
- The State Council issues guidance to encourage the development of Group Innovation Space (GIS) (Guo Ban Fa [2016] No. 7)
- State Council approves pilot schemes for service trade innovation (Guo Fa [2016] No. 40)
- State Council cancels the second batch of 152 administrative approval items (Guo Fa [2016] No. 9)
- SAT implements the new Administrative Measures for Recognition of High and New Technology Enterprise (HNTE) (Shui Zong Han [2016] No. 74)
- SAT improves the administration of tax credit rating (SAT Announcement [2016] No. 9)
- SAT improves the administration mechanism of taxation service complaints (Shui Zong Han [2016] No. 57)
- Pricing basis of construction projects will need to be adjusted following the VAT reform of the construction industry (Jian Ban Biao [2016] No. 4)
- Preferential Deed Tax and Business Tax policies for real estate transactions (Cai Shui [2016] No. 23)
- Improving permanent residence administration for foreigners in China
- The 11thround of negotiations for Regional Comprehensive Economic Partnership (RCEP) held in Brunei
- The first round of negotiations for China-Georgia free trade agreement (FTA) held in Georgia
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