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  • China Tax Weekly Update - Issue 44

China Tax Weekly Update - Issue 44

China Tax Weekly Update - Issue 44

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China Tax Weekly Update

The following matters are covered in this issue:

  • Updated “China Country Practice” Chapter of the UN Practical Manual on TP for Developing Countries
  • China-Cambodia DTA signed
  • China to promote FTZ reforms throughout the country (Guo Fa [2016] No. 63)
  • SAT and SAFE promote information sharing and implement joint supervision
  • China to promote transformation of offline retail sector (Guo Ban Fa [2016] No. 78)
  • China promotes innovation in domestic trade (Shang Yi Fa [2016] No. 427) 
  • New cross-border B2C e-commerce supervision rules delayed in implementation until end of 2017
  • Measures to revitalize the economy of northeast China (Guo Fa [2016] No.62) 
  • More cities to give tax incentives for service outsourcing (Cai Shui [2016] No.108)
  • VAT exemption on cross-border taxable services (SAT Announcement [2016] No. 69)
  • Internet booked taxi services – Regulation further clarified
    • Notice on procedures for determination of online service capabilities of  internet-booked taxi service business operators (Jiao Ban Yun [2016] No. 143)
    • MOT clarifies the entry and exit procedures for vehicles engaging in internet-booked taxi services (Jiao Yun Ban [2016] No.144)
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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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