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China Tax & Investment Express Issue No. 2023025 - Certain matters related to commercial health insurance products eligible for preferential Individual Income Tax treatments
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: Notice regarding certain matters related to commercial health insurance products eligible for preferential Individual Income Tax treatments; Notice regarding cleaning up policy measures that hinder the creation of a unified market and fair competition; Notice issued by Beijing Branch of the State Administration of Foreign Exchange (SAFE) regarding “Administrative Regulations on the Centralized Operation of Cross-border Funds in Domestic and Foreign Currencies for Multinational Corporations (Trial)”; Administrative Regulations of Guangdong Branch of the SAFE on the Centralized Operation of Cross-border Funds in Domestic and Foreign Currencies for Multinational Corporations (Trial); Notice issued by Shenzhen Branch of the SAFE regarding the “Administrative Regulations on the Centralized Operation of Cross-border Funds in Domestic and Foreign Currencies for Multinational Corporations (Trial)”; Implementation measures of Shanghai for promoting the global foreign investment partnership program.
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.