The Corporate Tax Rate in China stands at 25 percent. This page provides - China Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
From 1.1.2008 China's new corporate tax rate is 25%. The new corporate tax rate applies to both domestic and foreign companies.The new tax rate replaces the previous tax rate of 33%.Foreign companies which set up activities before 2008 can enjoy, for a limited period, the previous 15% ...
This graph shows the monthly corporate income tax revenue in China from August 2023 to August 2024. In August 2024, corporate income tax revenue in China amounted to about 68.3 billion yuan. Monthly corporate income tax revenue in China from August 2023 to August 2024 (in billion yuan) ...
China’s annual corporate income tax (CIT) reconciliation season (also referred to as annual CIT settlement or annual CIT filing) for the 2023 tax year is underway, and local tax authorities have begun to issueannual guidesto help companies navigate their tax obligations. All resident CIT taxpaye...
Find out the corporate income tax in China for foreign and Chinese companies, and whether your SME can benefit from various tax incentives.
The Shenzhen Qianhai Cooperation Zone has expanded its Corporate Income Tax (CIT) policies to cover more areas. Furthermore, the Individual Income Tax (IIT) incentive for Hong Kong residents has materialized, providing tax benefits to eligible individuals. ...
Nansha of Guangzhou clarifies the “substantive operation” requirement for enterprises enjoying a preferential corporate income tax rate of 15% China Tax/Business News Flash, Issue 19 July 2023 Download PDF - 308 KB Enterprises enjoying a preferential corporate income tax rate of 15% in Pingtan are...
For example, the Thai government approved a budget of 3 billion baht (USD84 million) for the 2022 fiscal year and 40 billion baht for fiscal years 2023 to 2025 to support the development of the EV industry. Indonesia has provided corporate income tax breaks for investors in the EV industry...
For example, the Thai government approved a budget of 3 billion baht (USD84 million) for the 2022 fiscal year and 40 billion baht for fiscal years 2023 to 2025 to support the development of the EV industry. Indonesia has provided corporate income tax breaks for investors in the EV industry...
The favorable tax treatments include exemption from corporate income tax (CIT), reduction of the statutory CIT rate, refund of value added tax (VAT), and import duty exemption, among others, according to the related tax policies released on MOF website in 2021. ...