China Tax Regulation Update - April 2018

China

The latest development in China Tax Regulation mainly includes:

  • Caishui [2018] No. 27, jointly released by Ministry of Finance (“MoF”), State Administration of Taxation (“SAT”), National Development and Reform Commission (“NDRC”) and Ministry of Industry and Information Technology (“MIIT”): Preferential Corporate Income Tax (“CIT”) policies for integrated circuit manufacturers
  • Caishui [2018] No. 17: Deed Tax (“DT”) policies of corporate restructuring
  • Caishui [2018] No. 32: Adjustment of VAT rates
  • Caishui [2018] No. 33: Unified revenue threshold of small-scale VAT payers
  • SAT Announcement [2018] No. 14: Simplified administrative requirements on master files of transfer pricing documentation.

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