China Tax Update – 2020 March Issue.

28 March, 2020

 

In this issue of the China Tax Update, we will discuss the following tax developments in China:

 

1. China allows electronic tax filing for outbound payments
2. Control of the coronavirus outbreak: what tax incentives can help?
3. China clarifies IIT treatments on individuals' foreign-sourced income
4. A guideline on 2019 IIT annual filing
5. China clarifies IIT policy on individuals' public welfare donations
6. SPC case: the tax authority can independently redefine civil legal relationships

 

For the full report, please click here. (PDF 12 Pages).

 

 

For further information, please contact:

 

Brendan Thomas Kelly, Baker & McKenzie

brendan.kelly@bakermckenzie.com