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Chinese authorities optimize tax business environment since 2018
China’s taxation authorities have continuously optimized the tax business environment in the country since 2018, in a bid to attract more foreign investment and help Chinese enterprises to go global.
January15,2019
China's income tax deduction goes digital
It's been a week since China launched an itemized income tax to ease the burden of certain expenditures.
January08,2019
China announces 3-year tax exemption on interest gains for overseas investors
China's Ministry of Finance said Thursday that the country will exempt overseas institutional investors from some bond market taxes.
November23,2018
China's tax environment improves remarkably: report
China's tax environment improved remarkably in 2017, in particular, the time for compliance has dropped to 142 hours, reduced by 31.4 percent year on year, a global report showed Tuesday.
November21,2018
China's top economic planner denies proposing tax cut for car purchases
China's top economic planner denied proposing to reduce car purchase tax by half on Thursday while noting that there remains huge room for development for the auto industry.
November16,2018
China calls for taxation cooperation to help trade, investment
A senior Chinese taxation official Tuesday called for strengthened cooperation among taxation authorities of Asian and Oceanian regions in an effort to smooth trade and investment in the face of increasing challenges.
November14,2018
China mulls bigger moves to cut taxes, fees
The Chinese government is expected to step up tax and fee reductions for enterprises as part of efforts to bring down the burden on the real economy, according to China Securities Journal.
October31,2018
China launches campaign against tax evasion in film, TV industry
China has decided to initiate a campaign to regulate tax payment in the film and TV industry and promote its healthy development, according to a notice from the State Administration of Taxation.
October09,2018
New Zealand updates double tax agreement with Hong Kong
New Zealand's ability to detect and prevent tax evasion is enhanced by an update to the country's double tax agreement with China's Hong Kong Special Administrative Region which is now in force, Revenue Minister Stuart Nash said on Monday.
August14,2018
China cuts tax on technologically advanced service trade firms
China is to expand a tax cut program on qualified technologically advanced service firms nationwide.
May30,2018
China's new VAT rate cut fuels real economy
Li Yunxia's company will save about 6 million yuan (940,000 U.S. dollars) in annual operating cost from May, thanks to the VAT rates cut rolled out in China.
May10,2018
China removes import tariffs on all cancer drugs
China on Tuesday has exempted import tariffs on all common drugs including cancer drugs, cancer alkaloid-based drugs, and imported traditional Chinese medicine.
May03,2018
China rolls out fresh tax cuts to aid small businesses
China will make further tax cuts worth over 60 billion yuan (about 9.5 billion U.S. dollars) to drive innovation and entrepreneurship and boost the development of small and micro businesses, a State Council executive meeting...
April26,2018
Macao, Vietnam sign agreement to avoid double taxation, prevent tax evasion
An agreement was signed between China's Macao Special Administrative Region (SAR) and Vietnam to avoid double taxation as well as prevent tax evasion, according to a press release by the Macao SAR's financial service department on Monday.
April17,2018
China to roll out new tax cuts to boost high-quality development
China will cut value-added tax rates as part of a tax reduction package amounting to 400 billion yuan (about 63 billion U.S. dollars) this year.
March29,2018
China cuts over 900 bln yuan in tax via VAT reform in 2017
China made further headway in cutting tax for enterprises in 2017 via its ongoing reform to replace business tax with value-added tax.
February02,2018
China's tax revenue growth accelerates in 2017
China's tax revenue growth accelerated in 2017, official data showed Thursday.
February02,2018
China improves rebates for ports of shipment to boost Yangtze River Economic Belt
The Chinese authorities on Monday released a document to improve the rebates for the ports of departure in an effort to promote construction of Shanghai international shipping center and development of the Yangtze River Economic Belt.
January30,2018
China starts collecting environment tax
China started collecting an environment tax on Monday to better protect the environment and cut pollutant discharge, as the country's Environmental Protection Tax Law took effect on Jan. 1, 2018.
January02,2018
China unveils tax exemption to attract foreign investment
China's Ministry of Finance (MOF) said Thursday it will exempt foreign companies from paying provisional withholding income tax on profits they re-invest in the country. The news comes as the Chinese government is moving to attract foreign investors...
December29,2017
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