Legislation roundup: Foreign investment tax incentives, Data transfer and Commercial cryptography

STA offers substantive tax deduction incentives to foreign investors. CAC specifies procedures for extending security assessment approval for cross-border data transfers. Critical information infrastructure operators are required to conduct security assessments before applying commercial cryptography.

By Susan Mok

Tax



State Taxation Administration, Announcement on the Tax Set-Off Policy for Direct Investment of Distributed Profits by Foreign Investors

财政部、国家税务总局、商务部关于境外投资者以分配利润直接投资税收抵免政策的公告



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