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.
EU-China Relations After the 2024 European Elections: A Timeline
Timeline tracking key developments affecting EU-China relations, including trade and business engagement, under the new European Parliament.
China and Italy to ‘Relaunch’ Bilateral Ties: Trade and Investment Outlook
We discuss how the China-Italy bilateral relationship has transitioned after Italy’s exit from the BRI, with ongoing high-level interactions indicating strong support for high-value trade and commercial engagement.
China’s FDI Trends 2024: Key Sources, Destinations, and Sectors
This article navigates China’s FDI trends and government initiatives shaping China’s FDI landscape, providing insights for foreign investors.
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.
Profiling China-New Zealand Trade and Investment Relations
China is New Zealand’s largest trading partner, export market, and source of imports. In 2023, the bilateral trade volume reached nearly NZ$38 billion (approx. US$23 billion), quadrupling since the free trade agreement came into effect in 2008.
China Monthly Tax Brief: September 2024
In this monthly China tax brief for September 2024, we spotlight policies and measures just announced or scheduled for implementation.
China’s Gradual Retirement Age Delay to Tackle Demographic Shifts
China will gradually delay its statutory retirement age to address demographic challenges, starting from January 1, 2025. The minimum pension contribution period will be raised accordingly.