Following the launch of the Business Tax (“BT”) to Value Added Tax (“VAT”) Transformation Pilot Program (“Pilot Program”) for the transportation industry and certain modern service industries in Beijing, CICC implements the new VAT tax policy. Best regards, CICCBack...
Global Times:The new measures are part of moves to boost the healthy and orderly development of China’s downtown duty-free shops. Observers said that the new policy will effectively boost domestic consumption in the seco...
In April, new tax policies were implemented to support some key industries in China. Starting April 1, the tax refund for some companies is now being paid to companies in cash. Sanyou received a total of 1.34 million yuan ($199,400) in tax refunds, which helped solve some ...
New Chinese Tax Policies Target Coronavirus OutbreakCoronavirusTax PolicyThis article examines tax measures implemented in China during the coronavirus outbreak intended to alleviate taxpayers' financial stress, reduce economic lossSocial Science Electronic Publishing...
【题文】According to the new tax(税收) policy, the w___ people are, the more they’ll pay in taxes. 答案 【答案】(w)ealthier【解析】【详解】句意:根据新的税收政策,越富有的人,要交的税就越多。此处是the+比较级,the+比较级的用法,表示“越……,越……”,系动词are后接形容词作表语,故此...
2025next year,There have been significant policy changes in the US market。US President Trump2month1Sign an administrative order on a daily basis,Imposing additional tariffs on goods imported from China10%The tariff,Simultaneously cancel800Tax exempti
This article compares China's New VAT Law with current regulations across six aspects to help businesses navigate the evolving tax landscape.
The new law is set to reform IIT in the country, including the tax treatment of foreigners. Beginning January 1, 2019, an individual who resides in China for 183-days or more will be considered a tax resident and be liable to PRC IIT on their global income. The amendments are set to ...
A High and New-Technology Enterprise (HNTE) is a business in China that has been certified by the Ministry of Science and Technology, allowing it to gain a reducedcorporate income tax (CIT) rateof 15% and carry forward losses for up to 10 years to lower your taxable income. ...
In 2023, Kazakhstan introduced a policy under which citizens are permitted to import one electric vehicle for personal use, tax-free. This has led to increased trade with its eastern neighbor, China, which is the world's leading electric vehicle maker. As one of Kazakhstan's biggest electric ...