China's value-added tax rollout is now complete. This analysis maps the evolution of the PRC tax system over the past three decades and details what the 2016 Circulars has in store for the new regime
May 20, 2016
Tax
Purchases from foreign websites subject to higher import tax rates
April 14, 2016Purchases from foreign websites subject to higher import tax rates
April 14, 2016Deed tax and business tax lowered for real estate transactions.
March 10, 2016Deed tax and business tax lowered for real estate transactions.
March 10, 2016SAT does not allow pre-tax super-deduction of foreign commissioned R&D expenses.
February 04, 2016SAT does not allow pre-tax super-deduction of foreign commissioned R&D expenses.
February 04, 2016Income, business and stamp taxes clarified for mainland-Hong Kong MRF.
January 07, 2016The SAT has granted further tax breaks for technology transfers including non-exclusive licensing, but MNCs aren't likely to take the chance of disclosing their IP in China
December 18, 2015Technology transfer income clarified for tax break purpose.
December 17, 2015
