Company News
Guangzhou Simplifies Electronic VAT Declaration Procedures
Guangzhou’s value-added tax (VAT) small-scale taxpayers are no longer required to submit paper declaration forms when they file electronic VAT declarations.
China Announces Import Tax Treatment to ‘Encouraged’ Foreign-Invested Projects
In Announcement [2012] No. 4 released on January 29, the Chinese General Administration of Customs clarified the favorable import tax treatment to “encouraged” foreign-invested projects (FIPs).
Shanghai Offers Fiscal Support to Promote VAT Reform
Shanghai’s newly included value-added tax (VAT) payers (pilot enterprises) may be able to receive fiscal compensation if they see increases in their actual tax burdens under the new tax scheme, local authorities said recently.
Transfers of Natural Resource Use Rights Subject to Business Tax
China’s State Administration of Taxation (SAT) recently clarified the tax treatment towards transfers of natural resource use rights.
Dezan Shira Relocates Senior Personnel Out of China
Dezan Shira & Associates is relocating four senior management personnel from positions in China and redeploying them throughout Southeast Asia. The firm’s Founding Partner Chris Devonshire-Ellis will relocate from Beijing to Singapore to head up the firm’s Asian expansion and development, while Olaf Griese, partner in Shanghai, will move to Delhi to take up the […]