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China introduces new VAT refund mechanism on a trial basis
The Announcement on Relevant Policies for Deepening Value-Added Tax Reform (Announcement [2019] No.39), jointly issued by Ministry of...


China-Italy New Tax Treaty signed on 23rd March 2019
China and Italy signed on Saturday 23rd a Memorandum of Understanding (MoU) on the Belt and Road Initiative. Italy's Prime Minister...


China implements new VAT rates from April 1, 2019
The PRC Ministry of Finance, the State Administration of Taxation and the General Administration of Customs have jointly issued, on March...


China SAT clarifies how to calculate the length of residence of individuals
The Ministry of Finance and the State Administration of Taxation have jointly issued the Circular no. 34 (2019) on “The Criteria for the...


China VAT reform path
Recently China has introduced several measures in order to support the companies and the domestic market and to meet the economic target...


Chinese companies will benefit new tax cuts in 2019
In order to face a more complicated and challenging economic and financial environment, with the Chinese economy under slight downward...
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