Chinese Tax Regulation Update - October & November 2024

China

The latest development in China Tax Regulation mainly includes:

  • Key updates to administrative measures for taxation on the imported and exported goods
  • Water Resource Tax (“WRT”) reform
  • Expansion of the scope of tax refund at the port of departure
  • Nationwide rollout of fully digitalized e-invoices
  • Adjustments of export tax refund policies

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