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Chinese Tax Regulation Update - December 2020

1 January 2021

The latest development in China Tax Regulation mainly includes:

  • Announcement [2020] No. 43 jointly released by the Ministry of Finance (“MOF”) and the State Administration of Taxation (“SAT”)
  • SAT Announcement [2020] No. 19
  • Announcement [2020] No. 45 jointly released by the MOF, the State Administration of Taxation ("SAT"), the National Development and Reform Commission ("NDRC") and the Ministry of Industry and Information Technology ("MIIT")

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Authors

Portrait ofGilbert Shen
Gilbert Shen, CPA
Counsel
Shanghai