China Tax Authority Clarified Stamp Tax on Specific Contracts
To support the implementation of Stamp Tax Law, the Ministry of Finance and State Taxation Administration issued the following announcements at the end of June 2022, including: Announcement on the Policy Implementation Standards for Several Matters Relating to Stamp Tax (Announcement [2022] No. 22 of the Ministry of Finance and the State Taxation Administration, hereinafter […]
Hainan Free Trade Port’s New Preferential Tax Policies: How do They Apply (updated)
Hainan Free Trade Port’s incentives include lower corporate and income tax rates for qualified entities between January 1, 2020 and December 31, 2024.
Eldercare and Childcare in China: New Supportive Measures
We discuss policy measures for the eldercare and childcare industries in China to ease economic hardships for socially important businesses.
China’s Tax, Investment, and Trade Agreements with Countries in the Middle East
We look at the China-Middle East tax, investment, and trade agreements that help foster collaboration and business activity.
Tax Liabilities for Equity Transfer in China: An Introduction
We provide a general introduction of the tax liabilities of individual shareholders and corporate shareholders in equity transfer in China.
Hong Kong’s Tax, Investment, and Trade Agreements with Countries in the Middle East
Hong Kong is deepening cooperation with Middle Eastern countries through tax, trade, and investment treaties. Here’s what investors need to know.
China’s Urban Maintenance and Construction Tax: Key Points
The new regulations on China’s urban maintenance and construction tax clarify the calculation basis and offer an official, consolidated tax framework.
China-Mongolia DTA: What Are the Key Elements?
It is important for businesses of both countries to understand and avail the benefits derived from the double tax avoidance agreement signed between China and Mongolia to ease their tax burden.