Tax

Limits on maximum amounts of e-commerce retail import purchases are raised

Issued: November 1, 2018Main contents: With respect to a tax payment receipt provided in connection with the assignment or lease of residential premises,…

Foreign investors are offered tax exemption for bond investments

New residency provisions apply to individual income tax

Issued: October 20, 2018 Main contents: The Draft contains a total of 48 articles, with 25 articles amended, 19 articles deleted and 19 new…

Issued: October 20, 2018 Main contents: Where a taxpayer himself/herself or his/her spouse uses a personal housing loan from a commercial…

The scope of tax deferral is expanded for foreign investors

China lowers import tariffs on MFN taxable items; Hainan province launches a blockchain research center in collaboration with the University College Oxford; and the State Council raises export tax rebate rate to stimulate trade.

Aggregate income is applied to individual income tax