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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)
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