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Legal Update

China Tax Regulation Update - May & June 2026

03 Jul 2026 China 1 min read

The latest development in China Tax Regulation mainly includes:

  • Full implementation of "Transaction-based Immediate Invoicing" system in the refined oil retail industry
  • Reduction of Individual Income Tax ("IIT") prepayment rate of individuals selling scrapped products

Please click here to read the full article.

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Video China

CMS China Legal Lunch Bites: Key Insights on the Detailed Implementation Rules of the new PRC VAT Law

24 Apr 2026 1 min read
Expert Guide International

Climate change taxation reforms and incentives in China

3 min read
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