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The Chinese State Council Standing Committee, the State Administration of Taxation issued Announcement [2021] No. 6, which took effect on April 1, 2021 and modifies regulations related to penalties for first-time violations ...

Today's globalised economy enables companies to provide services across the world. Cross-border business to business (B2B) often takes place via email or other digital communications, such as Skype, WeChat or other messaging and talk platforms.

China has enhanced its foreign investment incentives by introducing a tax credit mechanism alongside the existing tax deferral framework.

In April 2014, State Administration of Taxation of People's Republic of China ("SAT") submitted a letter ("the Letter") to the subcommittee of UN Transfer Pricing Manual for Developing Countries ("UN TP Manual").

为应对新冠疫情，政府出台了哪些税务措施，助力企业渡过难关？自1月1日起，又有哪些法规变动？

China has also invested substantial re¬sources in promoting tax process digitisation.

中国政府はさらなる税制優遇...

On 30 September 2022, the Ministry of Finance (MOF) and the State Taxation Administration (STA) issued the announcement No.31 of 2022, which provides for VAT, stamp duty, deed tax, real property tax...

In China, the invoice — or fapiao (发票) — refers to the certificate of payment or receipt of money made or received in purchases and sales of goods, provisions or acceptance of services and other business activities.

China and Italy have updated their bilateral double tax agreement (DTA) to encourage investment and provide greater fiscal certainty as the two countries grow closer economically.

In China, the invoice — or fapiao (发票) — is an essential component of the State Administration of Taxation (SAT).

In March 2005, China kicked off the experiment on securitization of credit assets, which allowed banks to sell their credit assets through issuing the securities in the capital market for refinancing.

China and Hong Kong have signed the Fifth Protocol to their longstanding double tax avoidance agreement (DTA).

The corporate income tax rate was reduced from 10 percent to 5 percent for small and micro-businesses. The tax rate is applied to the profit portion from 1 million RMB to 3 million RMB.

Since January 1, 2008, China has introduced the general anti-avoidance rules ("GAAR") as a part of the new enterprise income tax regime.

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.