VAT system changed from production-based to consumption-based.
December 18, 2008
Legislation
According to the revised Regulations, the amount of consumption tax payable may be calculated ad valorem, at a flat rate or by a combination of the two.
December 18, 2008Calculation of business turnover for business tax purposes revised.
December 18, 2008National Legislation ACCOUNTINGChinese Institute of Certified Public Accountants, Guidelines on Audits Designated for Recognition of High-tech Enterprises…
December 18, 2008State Council issues 30 measures to boost the economy.
December 18, 2008Conversion of unlisted foreign investment shares into tradable B-shares streamlined.
December 18, 2008The Provisions allow securities companies to engage in margin trading and short sale of securities.
December 18, 2008The Circular elaborates matters concerning the Provisions for the Administration of the Solvency of Insurance Companies.
December 18, 2008A sponsor shall establish a sound working draft system, and keep separate sponsorship working drafts for each project.
December 18, 2008Export tax rebate rate lowered for textile products.
November 10, 2008