International Tax Newsletter - July 2015
July 2015
The July edition of BDO China's China Tax Newsletter features recent tax-related news and developments in China, such as adjustment to VAT declaration, adjustments to cigarette consumption tax and more. Articles include:
- Promulgation of Administrative Measures on Tax Refund for Overseas Visitors Purchasing Goods and Departing from China (Trial Implementation)
- Deferred Declaration Allowed for Overdue Export VAT Refund (Exemption)
- Reinforced Follow- up Administration of Cost Apportionment Agreement
- Clarification on Several Issues Relating to Administration of Levying and Collection of Enterprise Income Tax on Restructuring of Enterprises
- Simplification of Application Procedure of Business Tax Exemption on Individual Donating Immovable Property and Land Use Right
- Adjustment of Value-Added Tax Incentives of Integrated Utilization of Resources Products and Labor Services