In the case of cross board payment, whether the service is "completely occurring outside China" will determine whether the payment needs to withhold and pay value-added tax and corporate income tax on behalf of the taxpayer. Generally speaking, the value-added tax and corporat...

On September 4th, the Shenzhen Municipal Finance Bureau and Taxation Bureau jointly announced the extension of the application period for the highly anticipated individual income tax (IIT) subsidies in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). Fr...

In recent years, China has faced significant challenges in managing and maintaining its rapidly growing urban infrastructure. As residential buildings age and require upkeep, the Chinese government has implemented a system known as "Housing endowment fund" to address these ...