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Searching for "State Administration of Taxation"
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Shenzhen Tax Bureau, Tencent Ally on Blockchain-based Tax Management
Sina Tech, 5/24/18
The Shenzhen branch of China's State Administration of Taxation and Chinese internet conglomerate Tencent (0700.HK) recently announced that they will work together to promote tax-related technology applications, including exploring ways of using blockchain technologies for tax management to prevent fraud in invoice transfer processes. Read More
Beijing Office of China's Tax Bureau Taps Alibaba for Smart Tax Administration Services
21st Century Business Herald, 11/28/17
The Beijing Municipal Office of China's State Administration of Taxation (BMOSAT) and Chinese e-commerce conglomerate Alibaba Group's (NYSE: BABA) cloud computing arm Alibaba Cloud have signed a strategic partnership agreement to promote cloud computing, big data, and AI technology for applications in the sphere of tax administration. Read More
Shenzhen Launches Tax Rebates for Online Exporters
Shenzhen Economic Daily, 6/25/14
Local government offices in Shenzhen have begun trials on a tax rebate program for e-commerce merchants selling products overseas. Read More
China to Implement Telecom VAT Trials on June 1
China Mobile, 4/30/14
China Mobile (NYSE: CHL; 0941.HK) has announced in a regulatory filing that that its parent company, China Mobile Communications Corporation, received a notification jointly issued by China's Ministry of Finance and State Administration of Taxation that, as approved by China's State Council, the telecommunications industry will be included in the scope of the pilot program for the transformation from business tax to value-added taxes. Read More
China Lowers VAT on Domestically Developed Animation Software
Sina Tech, 1/02/14
China's Ministry of Finance (MoF) and State Administration of Taxation announced on December 31 that the 17% value added tax (VAT) levied on sales of domestically developed animation production software in China has been removed, effective retroactively from January 1, 2013 to December 31, 2017. Read More
Suning.com to Test Electronic Receipts in August
Analysys, 6/27/13
A spokesperson for Chinese consumer electronics and home appliances retailer Suning's (002024.SZ) e-commerce platform Suning.com announced at an industry conference yesterday that the site will complete development of an electronic receipt system for customers in Nanjing in July. Read More
Beijing Trials Electronic Receipts
Sina Tech, 6/27/13
The Beijing Municipal Office of the State Administration of Taxation, the Beijing Local Taxation Bureau, the Beijing Municipal Bureau of Commerce, and the Beijing Municipal Administration of Industry and Commerce announced on June 27 that they will begin to roll out trials of electronic receipts in Beijing, effective immediately. Read More
Authorities Suspect Jiangsu Mobile of Tax Evasion
21st Century Business Herald, 1/12/13
According to recent media reports, after opening an investigation into the Jiangsu subsidiary of China Mobile (NYSE: CHL; 0941.HK) in late 2012, the Jiangsu provincial office of the State Administration of Taxation now suspects Jiangsu Mobile of having exploited tax loopholes to avoid paying RMB 1 bln in taxes. Read More
China Exempts Next-Gen Display Components from Import Taxes
DoNews, 9/22/12
China's Ministry of Finance, General Administration of Customs (GAC), and State Administration of Taxation have issued a Notice on Further Tax Incentives for China's Next Generation Display Manufacturers, stating that imported components for new display devices (including TFT-LCD, plasma, and organic LED) that are domestically unavailable as well as materials for R&D and production for such devices will be exempt from import duties and VAT.Read More
China Issues Preferential Tax Policies for Software, IC Industries
Xinhuanet, 5/03/12
China's Ministry of Finance and State Administration of Taxation recently announced a series of preferential income tax policies for software and IC enterprises. Read More
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