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China Tax & Investment Express Issue No. 2024017 - Tariff Law of the People’s Republic of China
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: Tariff Law of the People’s Republic of China; Tariff Schedule of the PRC; Public notice regarding matters related to the “reverse invoicing” by resource recycling enterprises to natural persons who sell scrapped products; Public notice regarding IIT treatments for equity incentive plans offered by listed companies; Public notice regarding extending the 14th set of exclusions to the goods originating from the United States that are imposed with additional tariffs; Guidelines on preferential tax/fee policies for supporting the manufacturing industry; Regulations on Simplified Procedures for Tax Administrative Reconsideration in Shanghai (Trial); Policy measures for further supporting overseas institutions to invest in China’s domestic sci-tech enterprises.
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.