Chinese Tax Regulation Update - February 2020

China

The latest development in China Tax Regulation mainly includes:

  • Announcement [2020] No. 3 jointly released by the Ministry of Finance (“MOF”) and the State Administration of Taxation (“SAT”)
  • Cai Guan Shui [2020] No. 2, jointly released by the MOF, the Ministry of Industry and Information of Technology (“MIIT”), the General Administration of Customs (“GAC”), the SAT and the National Energy Administration (“NEA”)

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