Legislation roundup: R&D tax deduction, property loans and commercial banks

September 30, 2022 | BY

Susan Mok

High-tech companies are allowed 100% super tax deduction. China lifts property loan restrictions and allows cities to adjust the rates. CBIRC revises regulations to achieve equal treatment of domestic and foreign bank investment.

Tax

 

Ministry of Finance, State Taxation Administration and Ministry of Science and Technology, Announcement on Increasing Pre-Tax Deduction to Support Innovation in Science and Technology

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