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  • China Tax Weekly Update - Issue 28

China Tax Weekly Update - Issue 28

China Tax Weekly Update - Issue 28

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 China Tax Weekly Update

The following matters are covered in this issue:

  • Foreign investment in FTZs facilitated (Guo Fa [2016] No. 41)
  • Scope of service outsourcing industry clarified (Joint Announcement [2016] No. 29 by MOFCOM, MOF and GAC)
  • Private securities fund management businesses are open for foreign investors
  • Listed company use of equity incentive plans facilitated(CSRC Order No. 126)
  • The 3rd Protocol to mainland China-Macao DTA signed
  • Further VAT implementation rules
    • MOF calls for opinions on the accounting treatment of VAT (Cai Ban Kuai [2016] No. 27)
  • SAT summarizes its work for 2016 H1
  • Shanghai launches 2016 high-tech enterprises recognition
  • Beijing adjusts Resource Tax rate to implement the reform (Jing Cai Shui [2016] No.1130) 
  • Shenzhen clarifies recordal filing for enjoyment of preferential CIT policies for software and IC enterprises (Shenzhen STB and Shenzhen LTB Announcement [2016] No. 9)
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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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