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 introduces new VAT withholding rule for individual service providers
September 17, 2026
China’s Ministry of Finance and State Taxation Administration released Announcement No. 28 of 2026 on 3 September
Read More
China sets 20% tax rate on restricted share sales
September 15, 2026
China’s Ministry of Finance, the State Taxation Administration, and the China Securities Regulatory Commission
Read More
China: STA updates tax rules for foreign individuals dividend income
September 02, 2026
China’s Ministry of Finance and State Taxation Administration released Announcement No. 27 on 1 September 2026,
Read More China: STA clarifies input tax deduction rules for non-taxable transactions
September 02, 2026
China’s Ministry of Finance and State Taxation Administration released Announcement No. 25 of 2026 on 27 August 2026,
Read More China, Norway income tax treaty enters into force
August 25, 2026
China’s State Administration of Taxation has announced that the new income tax treaty between China and Norway
Read More
Ferro-silicon duties take effect as EU prepares major chemical controls
August 24, 2026
The week was defined by the activation of previously announced trade defence measures rather than the publication of
Read More