Other Briefings
Tax and Fee Cuts Announced in China’s 2020 Work Report: Two Sessions Roundup
The tax and fee cuts and extended preferential policies offer targeted relief for businesses in China most impacted by the COVID-19 induced economic crisis.
China Extends VAT Preferential Policy for Small-Scale Taxpayers to the End of 2020
China is extending the preferential value-added tax (VAT) policy for its small-scale taxpayers to December 31, 2020. It was previously set to expire May 31, 2020.
Hong Kong’s New SME Financing Guarantee Scheme: An Explainer
We explain Hong Kong’s SME Financing Guarantee Scheme, which can be accessed by businesses who have struggled in the last several months due to COVID-19.
New Cross-Border E-Commerce Zones, Extended Tax Incentives for Small Businesses in China
China is expanding its cross-border e-commerce zones and freight supply chain to stabilize foreign trade as well as extending preferential tax schemes.
China’s Annual Final Tax Settlement on Comprehensive Individual Income for AY 2019
Taxpayers in China must complete their annual final settlement on consolidated income for the 2019 tax assessment year between March 1 to June 30, 2020.
China Extends April Tax Filing Deadline to April 24
China has extended the deadline for tax filing in April from April 20, 2020 to April 24, 2020, nationwide; businesses can apply for further extension.
China Extends March Tax Filing Deadline to March 23
China is extending the deadline for tax filing in March by one week, from March 16, 2020 to March 23, 2020.
China Extends February Tax Filing Deadline to February 28
China’s State Tax Administration has further extended the deadline for tax filing in February, nationwide, from February 24 to February 28, 2020. (Previously, it was extended from February 17 to February 24.)
