Tax

This article is from the Environmental Protection chapter of the 2015 Annual Review and is available for download here.Jihong Wang of Zhong Lun…

Individual income tax policy revised to encourage long-term stock investment.

Cost sharing agreements need to be filed with the tax authority.

Cost sharing agreements need to be filed with the tax authority.

Tax relief procedures simplified.

Issued: June 10 2015Main contents: The Draft replaces pollutant discharge/emission fees with the environmental protection tax on the strength of a law.…

Administration of the levying of taxes may only be provided for in laws.

Enterprises enjoy tax breaks for investment in Western China.

The tax authority may proceed with an adjustment for any expenses paid to an overseas affiliate not in compliance with the arm's length principle.