Thursday, January 21, 2021
Tags Chinese taxation

Tag: Chinese taxation

China Approves New Stamp and Municipal Development Tax Provisions

China is on track to accelerate stamp tax and municipal development tax reforms following the passage of a new bill by the...

State Council Unveils Policies to Spur Growth of Chinese Semi-conductor Industry via Tax Cuts

China's State Council has just released a raft of new policies for driving the growth of the domestic semi-conductor sector in the...

China Implements Nearly $105 Billion Yuan in Tax and Fee Cuts in First Quarter, Tax Revenues Drop 16.4% YoY

China has continued to dramatically reduce tax and administrative fee levels in the wake of the COVID-19 outbreak.

China’s Tax and Administrative Fee Cuts Exceeded 2 Trillion Yuan in 2019

The Chinese government has hailed its sizeable reduction in tax and administrative fees in 2019 as a significant driver of economic growth....

New Tax and Fee Reductions Total 893 Billion Yuan for First Five Months of 2019

China's latest round of levy cuts have resulted in tax and fee reductions exceeding 893 billion yuan since the start of 2019....

95% of Chinese Businesses to Benefit from 600B Yuan Inclusive Tax Cut

State media says new inclusive tax cuts launched by the central government that target small and micro-enterprises will reduce the tax burden...

China Merges Local and National Tax Offices Around the Country

Local and national tax offices around China have been merged together, as part of ongoing reforms of the Chinese taxation system. State media reports that...

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KPMG Releases List of China’s Top 50 Fintech Companies in 2020

Accounting giant KPMG has just released its latest list of the leading fintech companies in China.

China’s State-owned Enterprises to Pursue Greater International Cooperation Post-COVID-19

The State Assets Supervision and Administration Commission (SASAC) hopes to expedite the expansion of Chinese state-owned enterprises (SOE's) into cooperative projects in...

Beijing Aims for Internet of Things Security Standards by 2022

The Chinese central government says it will drive the creation of security standards for Internet of Things (IoT) technology in China over...

TikTok’s Chinese Counterpart Confirms Addition of Online Payments Function

Douyin, the Chinese counterpart to social media giant TikTok, has confirmed that it is now capable of providing payments functions following the...