In China, major taxes such as the corporate income tax ("CIT") are shared between the central government and the local governments. The current share ratio is 60 percent to the central government and 40 percent to local governments.

On September 1, 2026, the Ministry of Finance and the State Taxation Administration jointly issued the Announcement on Individual Income Tax Policies Concerning Dividends and Profit Distributions Received by Foreign Individuals (Announcement [2026] No. 27 of the Ministry of Finance and the State Taxation Administration, hereinafter referred to as “Announcement No. 27”), introducing significant changes to the individual income tax treatment of dividends and profit distributions received by foreign individuals from foreign invested enterprises (“FIEs”). Announcement No. 27 took effect upon issuance.

There are various types of non-trade outbound remittances with which multinational corporations lawfully retrieve profits from China subsidiaries to their overseas headquarters.

Introduction of relevant announcement points & observations.

Foreign taxpayers should take note of the updated rules as they plan their tax obligations in China and abroad.

Unlike its invisible counterpart that made 18th century economist Adam Smith famous, the Chinese government's use of taxation is one of the most 'visible hands' controlling the Chinese domestic economy today.

前言：2019年7月17日，李克强主持召开国务院常务会议，确定支持平台经济健康发展的措施，壮大优结构促升级增就业的新动能，指出完善平台企Ç

The Organisation for Economic Co-Operation and Development's Base Erosion and Profit Shifting action plan is set to add yet more complexity to our already fast changing and politically fraught tax landscape.

The recent passing of the 'Renewables Law' is set to turn China into a global heavyweight in the future development of the renewable energy sector.

On 10 April 2024, China's Ministry of Industry and Information Technology ("MIIT") issued the Notice on Carrying Out the Pilot Work of Expanding Opening-Up to Foreign Investment...

The national introduction of e-fapiao will result in a decrease in the workload required to ensure financial compliance.

2014年3月7日，国务院发布《国务院关于进一步优化企业兼并重组市场环境的意见》(国发【2014】14号)

The rapid economic development in China is a major factor to this round of fundamental reform of IIT Law, enabling the country to keep abreast with these developments.

On June 20, 2025, China issued State Council Order No. 810 (the Order), introducing new reporting obligations for online platform operators. These requirements mandate platform operators to submit...

On 19 June 2007, the Ministry of Finance and the State Administration of Taxation jointly issued a circular that may significantly increase the tax burden on many exporters.

There have recently been a number of reports of owners based in various countries outside China, who have voyage chartered or time chartered vessels to Chinese charterers, whereby Chinese charterers have put owners on notice that they intend to "withhold" amounts from hire or freight payments (ranging between 4.25%-15% of the payment) on the basis that the owners in question are allegedly liable for Business Tax, or Enterprise Income Tax in China, even though the owners are based overseas and ha

The Chinese government is offering a wide range of financial supporting measures against the recent outbreak of COVID-19 across the country.

The rapid economic development in China is a major factor to this round of fundamental reform of IIT Law, enabling the country to keep abreast with these developments.

If the tax bureau decides the IIT filing for tax-free items does not comply with the law, it is regarded as tax evasion.

China announced a new incentive regime aimed at encouraging foreign investors to reinvest profits onshore.