Now! China

Now! China — May 2019

6 June 2019
China has reduced employers’ maximum share of basic pension premiums for urban workers from 20% to 16% nationwide with effect from 1 May 2019.

Now! China — April 2019

6 May 2019
China is considering the inclusion of punitive damages in all intellectual property rights (IPR) laws with the aim of ensuring adequate deterrence and coverage of losses due to IPR infringement.

Now! China — February 2019

12 March 2019
A circular issued by the State Administration of Taxation on 1 February 2019 states that a taxpayer who received an annual compensation exceeding RMB120,000 in 2018 is not required to file the 2018 individual income tax return, unless he or she falls into certain situations.

Now! China — January 2019

21 January 2019
China’s State Administration of Taxation (SAT) issued notices to clarify regulations for the taxpayer’s identification number on regular value added tax invoices and the commodity and service tax classification code.

Now! China — October 2018

11 October 2018
OUR INSIGHTS • China reforms tax collection and management

Now! China — August 2018

12 September 2018
China reduces value-added tax rates for goods and imported goods

Now! China — July 2018

5 July 2018
OUR INSIGHTS China extends preferential tax treatment for employees’ educational expenditures to all enterprises

Now! China — May 2018

30 May 2018
OUR INSIGHTS Highlights on General Data Protection Regulation compliance  

Now! China — February 2018

9 February 2018
OUR INSIGHTS New regulations on withholding corporate income tax for non-resident enterprises  

Now! China — November 2017

4 December 2017
OUR INSIGHTS Foreign investors to rethink business models in China