Tax

The new guidance catalogue has re-defined the industries for foreign investment. FIE regulations are more closely aligned with the PRC government's evolving national economic development policy.

The new guidance catalogue has re-defined industries into those that are encouraged, restricted or prohibited for foreign investment.

Reporting of revenue from individuals' share transfer required in tax returns.

Guangzhou reduces the lower threshold for business tax.

National LegislationAVIATIONPRC Basic Aviation Rules (2nd Revision)中华人民共和国飞行基本规则（第二次修订）L4700/07.10.18CUSTOMSPRC…

Law to prevent employment discrimination.

SAT revises enterprise income tax rates for small businesses in eight industries.

Individual income tax exemption formalities streamlined for winners for scientific and technological awards.

Tax rates on interest income of foreigners may follow bilateral tax agreements.