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China Tax Weekly Update - Issue 22
China Tax Weekly Update - Issue 22
The following matters are covered in this issue:
- Discussion draft on multilateral instrument to implement tax-treaty related BEPS measures released
- Trade in services and investments by HK and Macao service providers in mainland China facilitated (Guo Fa [2016] No. 32)
- Regulations on China (Guangdong) Pilot Free Trade Zone (FTZ) introduced(Standing Committee of the twelfth Guangdong Province People’s Congress Announcement No. 60)
- Joint reporting of annual investment & operating information of FIEs for year 2015 commenced (Shang Zi Han [2016] No. 223)
- Tax incentives on rental market of residential houses initiated by the State Council (Guo Ban Fa [2016] No. 39)
- Further local VAT reform implementation rules
- Guangdong State Tax Bureau (STB) and Local Tax Bureau (LTB) Clarify Certain Tax Collection Issues for VAT Reform (Guangdong STB and LTB Announcement [2016] No. 12)
- Beijing State Tax Bureau (BSTB) and Beijing Local Tax Bureau (BLTB) Clarify Taxation Locations for Entrusted Collection of VAT on Sale of Real Estate Acquired by the Taxpayer or Leasing of Real Estate by Other Individuals (BSTB and BLTB Announcement [2016] No. 8)
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