Legislation roundup: R&D tax deduction, property loans and commercial banks

High-tech companies are allowed 100% super tax deduction. China lifts property loan restrictions and allows cities to adjust the rates. CBIRC revises regulations to achieve equal treatment of domestic and foreign bank investment.

4 minute read September 30, 2022 at 05:46 AM

Susan Mok

Tax

Ministry of Finance, State Taxation Administration and Ministry of Science and Technology, Announcement on Increasing Pre-Tax Deduction to Support Innovation in Science and Technology

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