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China Tax Weekly Update - Issue 47
China Tax Weekly Update - Issue 47
The following matters are covered in this issue:
- Adjustment to restrictions on foreign investment in China
- China tightens restrictions on outbound investment
- Chinese government aims to reduce enterprise leverage – relevant existing tax rules highlighted (Cai Shui [2016] No.125)
- Tax incentives for advanced technology service enterprises in pilot service innovation development zones (Cai Shui [2016] No. 122)
- Further VAT implementation rules (SAT Announcement [2016] No. 75)
- Rules for abnormal VAT invoices clarified (SAT Announcement [2016] No. 76)
- SAT standardizes administration for stamp duty (SAT Announcement [2016] No. 77)
- GAC strengthens supervision on cross-border B2C e-commerce (GAC Announcement [2016] No. 75)
- China’s environmental strategy 2016-2020 outlined (Guo Fa [2016] No. 65)
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