Seminar on Corporate Income Tax: Policies and Implementation by Shanghai Taxation Bureau Official

2019-06-28 | Shanghai

Seminar on Corporate Income Tax: Policies and Implementation by Shanghai Taxation Bureau Official

On 28 June, an official from the Corporate Income Tax (CIT) Division of the Shanghai Taxation Bureau delivered a presentation to Chamber members on recent CIT developments and provided guidance on how to effectively implement tax incentives. These incentives included:

  • Accelerated Depreciation of Fixed Assets Policy
  • Super Deduction for Research and Development (R&D) Expenses
  • Small- and Micro-Sized Enterprises Preferential Policy

More than 30 member companies took part in the seminar, which consisted of a detailed presentation in Chinese language followed by a discussion and Q&A session.