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China Tax & Investment Express Issue No. 2022030 - The entry into force of the “Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting”; etc
China Tax & Investment Express (CTIE)* brings you the latest tax and business announcements on a weekly basis. We selected some comparatively key announcements to provide for a synopsis and we also provide a link that leads you to the full content of each latest announcement (in Chinese).
Matters covered in this issue include: Public notice regarding the entry into force of the “Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting” for China and the commencement of the application to certain tax treaties; Administrative Regulations on Insurance Asset Management Companies; Supervision and administrative measures regarding energy conservation and ecological environmental protection for central state-owned enterprises; Implementation plan for achieving carbon peak in the industrial field; etc.
Please feel free to contact your EY client service professionals for further assistance if you find the announcements have an impact on your business operations.