Lewis Lu and John Timpany of KPMG China discuss a court judgment on a refund of excessive tax reserve certificates purchased together with interest in an unsettled tax dispute case.
Lewis Lu of KPMG China looks at the latest enhancements to innovation tax incentives as well as new integrity requirements for Hainan free trade port incentives.
Lewis Lu and John Timpany of KPMG China discuss the Inland Revenue Department’s interim arrangement that enhances taxpayers’ certainty on their compliance with the economic substance requirements under the revised foreign-sourced income exemption regime.
Lewis Lu of KPMG China discusses the refined voluntary disclosure regime implementation rules for customs duty, valid from July 2022 to the end of 2023.
