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China Tax Weekly Update - Issue 12

China Tax Weekly Update - Issue 12

Issue 12, April 2016

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China Tax Weekly Update

The following matters are covered in this issue:

  • China’s import tax policies for cross-border e-commerce (Cai Guan Shui [2016] No.18 / Shui Wei Hui [2016] No.2)
  • Interpretation on new VAT rules by Shanghai tax authority and Tax Guidance on VAT reform for key industries by BSTB
  • GAC revises standards for filling in customs declaration forms (GAC Announcement [2016] No.20)
  • China to set up 3 new National Independent Innovation Demonstration Zones (NIIDZs) and to accelerate the construction of Shanghai Scientific and Technological Innovation Center
  • State Council’s opinions on work allocation for key tasks set out in 2016 Report on the Work of the Government (Guo Fa [2016] No.20)
  • SAT clarifies Business Tax issues on sale of housing at cost (Shui Zong Han [2016] No.124)
  • Four authorities standardize application and approval for establishment of B type customs bonded logistics centers (GAC Announcement [2016] No.18)
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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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