China’s Ministry of Finance has published a Circular 44/2018 for reducing corporate income tax rate of 15% (standard 25%) for advanced technology services enterprises with effect from 1 January 2018. This applies in particular for enterprises engaged in computer and information services, research and development and technical services, cultural and technical services, including digital production of cultural products and related services, and traditional Chinese medicine (TCM) medical services, including TCM healthcare and related services.
Next post
UK: Tax Gap Statistics Published
»
UK: Tax Gap Statistics Published
Related Posts
China, Peru FTA protocol enters into force
November 02, 2026
The protocol amending the 2009 free trade agreement (FTA) between China and Peru enters into force on 1 November 2026,
Read More
EU, China agree to advance tariff talks and stabilise trade relations
October 16, 2026
The European Commission issued a joint statement following the second EU-China Trade and Investment Consultations,
Read More
China cuts export tax rebate for electric vehicles to 9% starting April 2027
October 13, 2026
China's Ministry of Finance and State Taxation Administration announced on 13 October 2026 that the country will reduce
Read More
UK: Britain considers levy on Chinese EV imports
October 05, 2026
Britain's government is considering tariffs on electric vehicles imported from China, as concerns grow that
Read More
US restricts aircraft parts to China in trade standoff
October 02, 2026
The Trump administration has begun limiting aircraft component exports to China as part of a broader strategy to gain
Read More
China: STA introduces uniform tax penalty standards from November 2026
October 02, 2026
China’s State Taxation Administration (STA) has released the National Tax Administrative Penalty Discretionary
Read More