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  • China Tax Weekly Update - Issue 45

China Tax Weekly Update - Issue 45

China Tax Weekly Update - Issue 45

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China Tax Weekly Update

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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© 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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