International Tax Newsletter - May 2015
May 2015
The May edition of BDO's China Tax Newsletter features recent tax-related developments in China, including adjustments to business tax policies for transfer of housing by individuals. Articles include:
- Promulgation of the Catalogue of Encouraged Industries in Western China
- Administrative Approval Replaced by Registration When Applying for the General VAT Taxpayer Qualification
- Further Regulated and Strengthened Administration of Transfer Pricing in Respect of Expenses Paid By an Enterprise to Its Overseas Related Party
- Expanded Scope of Small Low-profit Enterprises Eligible to Reduce Taxable Income by Half When Computing Enterprise Income Tax
- Adjustments to Business Tax Policies for Transfer of Housing by Individuals
- Nationwide Implementation of the Installment Tax Policy for Individual Investments with Non-monetary Assets