BDO China Tax Newsletter - July 2018

01 August 2018

Welcome to the current issue of China Tax Newsletter.

In this update, you will find news on:

  • Extending the Length of Years from 5 Years to 10 Years for High-tech Enterprises and Technology-oriented Small- and Medium-sized Enterprises to Carry Forward Their Losses
  • Upper Limit of Taxable Income Raised to CNY1 Million for Small Low-profit Enterprises
  • Tax Authorities Will Complete the Refund of Uncredited Value-added Tax for 18 Mayor Industries by the End of September, 2018
  • Adjustment of Tax Base for Tobacco Tax
  • Announcement on Matters Concerning the MFN Treatment under Interest Clauses of the China-Chile Tax Treaty
  • Integration of the National and Local Taxation Offices and Reform of the Tax Collection and Administration System

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