China Tax Weekly Update - Issue 45
China Tax Weekly Update - Issue 45
The following matters are covered in this issue:
- OECD releases multilateral instrument (MLI) to update more than 2,000 tax treaties worldwide
- President Xi's speech at 2016 APEC CEO summit
- Simplified administrative procedures expanded beyond Shanghai FTZ(Hu Yin Jian Tong [2016] No. 16)
- China opens international tax service hotline
- VAT invoice administration linked to taxpayer risk rating (SAT Announcement[2016] No. 71)
- VAT incentives for China-made equipment continue (Cai Shui [2016] No. 121)
- SAT clarifies LAT collection after VAT reform (SAT Announcement [2016] No. 70)
- CIT deduction for reserves of insurance companies (Cai Shui [2016] No. 114)
© 2021 KPMG Huazhen LLP, a People's Republic of China partnership, KPMG Advisory (China) Limited, a limited liability company in China, KPMG, a Macau partnership and KPMG, a Hong Kong partnership, are member firms of the KPMG global organisation of independent member firms affiliated with KPMG International Limited ("KPMG International"), a private English company limited by guarantee. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International.
For more detail about the structure of the KPMG global organisation please visit https://home.kpmg/governance.
Connect with us
- Find office locations kpmg.findOfficeLocations
- Email us kpmg.emailUs
- Social media @ KPMG kpmg.socialMedia