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  • China Tax Weekly Update - Issue 47

China Tax Weekly Update - Issue 47

China Tax Weekly Update - Issue 47

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China Tax Weekly Update

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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© 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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