Past Events
China Value-Added Tax Reform and Corporate Income Tax Updates
Premier Li Keqiang announced a series of value-added tax (VAT) policies in March that aim to reduce the tax burden on enterprises and stimulate the market. Jane Hui, Partner at EY, and Richard Lin, Senior Manager at EY, shared their insights on the new polices, including tax refunds, additional tax credits and tax rate adjustment, at a Chamber roundtable on 28 May. The changes to VAT collection and management might affect a company’s tax credit rating, Lin explained. Hui also shared some tax incentives and management changes regarding corporate income tax (CIT).
2019/05/28
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