Other Briefings
Optimizing Tax Benefits Through One-Off Deduction Policy for Fixed Assets Under RMB 5 Million
Qualified fixed assets that meet specific criteria are eligible for a one-off deduction before corporate income tax in China. This article demonstrates the details of this policy by explaining two real examples.
China and Italy New Double Taxation Agreement to be Effective in 2025
The new China-Italy DTA breaks down many of the barriers that obstructed cross-border trade, investment, and knowledge exchange between the two countries.
China Monthly Tax Brief: October 2024
In this monthly China tax brief for October 2024, we spotlight policies and measures just announced or scheduled for implementation.
Annual Compliance Requirements in China: A Step by Step Guide
With the onset of November, companies should consider initiating a preliminary audit. This process is designed to plan the annual audit, identify potential issues, and allow sufficient time for companies to make self-corrections.
Asia Transfer Pricing Brief: Q3 2024
In our Asia Transfer Pricing Brief for Q3 2024, we present the latest updates and new guidelines on transfer pricing from the OECD.
An Introduction to Doing Business in China 2024/25 for Polish Companies – New Publication Out Now
This business guide is designed to support Polish businesses in their first steps towards implementing their China strategy. It offers the latest updates on doing business in China and insights into the Sino-Polish relationship.
China to Pilot Water Tax Nationwide: What Does It Mean for Businesses
Starting from December 1, 2024, China will implement a pilot water tax nationwide, replacing the current water fee charging mechanism. The cost burden of water usage for residents and general industrial and commercial activities will remain unchanged.
China Tax Filing: Apply for Super Deductions of R&D Expenses for Q1-3 2024 in October
China’s tax authority reminds taxpayers that they can apply for the super deduction of R&D expenses for the first three quarters of 2024 during the October filing period.
