Advocacy Actions
Comments to Ministry of Finance on the draft Value Added Tax Law of the People's Republic of China
Finance & Taxation, Environment, GA Forum, Agriculture, Food and Beverage, Human Resources, Logistics, International Liner Shipping Working Groups jointly submitted comments to the Ministry of Finance on the draft Value Added Tax Law of the People's Republic of China.
Read moreMeeting with Foreign Capital and Overseas Investment Department of the National Development and Reform Commission (NDRC)
On Nov. 7th, European Chamber Finance and Taxation Working Group representatives paid a visit to the National Development and Reform Commission (NDRC) and received by Director YUAN Feng of the Foreign Capital & Overseas Investment Department.
Read moreMeeting with Director-General Mr. LUO Tianshu, Income Tax Department, State Tax Administration (STA)
On 20th August, Director General LUO Tianshu (DG Luo) of the Income Tax Department, State Taxation Administration (STA), led a delegation to the European Chamber Beijing office. DG Luo provided the official response to an advocacy letter jointly drafted by the Finance and Taxation Working Group (F&T WG) and the Human Resources Working Group on the cancellation of foreign assignees’ non-taxable benefits, which are regulated in the latest Caishui [2018] No. 164.
Read moreLetter to the State Administration of Taxation (SAT) on the Cancellation of Non-Taxable Benefits per Individual Income Tax Law (IIT) Amendment
The European Chamber has submitted a letter to the State Administration of Taxation with regards to the cancellation of non-taxable benefits as per amendments to the Individual Income Tax Law.
Seminar on Corporate Income Tax: Policies and Implementation by Shanghai Taxation Bureau Official
Seminar on Corporate Income Tax: Policies and Implementation by Shanghai Taxation Bureau Official.
Read moreShenzhen Taxation Bureau Spoke at European Chamber Individual Income Tax Seminar
Mr. Li Xinning from IIT division of Shenzhen Taxation Bureau briefed the Finance and Taxation Working Group (F&T WG) members with the latest updates on IIT laws and preferential policies for talents in Greater Bay Area.
Read moreGuangzhou Taxation Bureau Gave Briefing on Individual Income Tax for Finance and Taxation Working Group Members
Ms. Yang Lifen from IIT division of Guangzhou Taxation Bureau briefed the Finance and Taxation Working Group (F&T WG) members with the latest updates on IIT laws and preferential policies for talents in Greater Bay Area.
Read moreEuropean Chamber Representatives meet the World Bank
On Monday, 25th March, a number of members of the European Chamber met with World Bank representatives to discuss their experiences with innovation policies in China.
Read moreMeeting with Pascal Lamy
Pascal Lamy was in China to attend the China Development Forum in late March 2019. He met with the European Chamber’s Advisory Council to discuss the current global trade situation.
Read moreSeminar on China’s New Individual Income Tax Law with the Shanghai Tax Bureau, Individual Income Tax Division
On 25th January, the European Chamber's Shanghai chapter organised an exclusive seminar with the Individual Income Tax Division of the Shanghai Tax Bureau on China’s new Individual Income Tax (IIT) Law. With the full implementation of the IIT Law taking place from 1st January 2019, a series of changes have had a significant impact on individual taxpayers and the companies employing them. At the event, members had the opportunity to raise questions on the extensive scope of the new practice and discuss in detail the implications of these new set of IIT rules for both employees and enterprises, as well as the opportunities and challenges they entail.
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