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China Tax & Investment Express Issue No. 2023023 - Optimizing policies on super deduction of research and development ex
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 (PN) regarding optimizing policies on super deduction of research and development expenses in the provisional Corporate Income Tax filing; Notice regarding further implementing the preferential Individual Income Tax policies for the Guangdong-Hong Kong-Macau Greater Bay Area; PN regarding extending and optimizing the reduction/exemption of Vehicle Purchase Tax policies for new energy vehicles; List of Key Tasks for Pilot Free Trade Zones (2023-2025).
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.