Legislation

Stamp duty on preference share transactions set at 0.1%

SAT revises the expense deduction amount for individual income tax of partnerships and proprietorships.

Measures revised to allow loans for insurance company M&As.

National legislation Banking Implementing Measures for the Administrative Permission Items of Small and Medium Rural Financial Institutions 农村中小金融机构行政许可事项实施办法…

Issued: March 24 2014Main contents: The Draft proposes for the first time the establishment of a negative list for securities business firms and the…

Issued: April 16 2014Main contents: Where the overseas investment of an enterprise involves a sensitive country (region) or sensitive industry, it is…

Issued: April 29 2014Main contents: The Shanghai Stock Exchange linked stocks for the “Hong Kong-Shanghai Link” include the component stocks of the…

Telecom companies included in the VAT reform.

Reinsurance transactions between foreign-funded insurance companies and their affiliates require approval.