There have been several notable tax developments in China up until May 2023, today, let's have a closer look at some of the most notable.

The government of the United Arab Emirates, through their Ministry of Finance, has announced three new Ministerial Decisions which will have the effect of exempting UAE-based entities with direct investments in foreign companies from Corporate Tax.

On January 5th, 2023, in the midst of the downturn of the second-hand housing market, six Departments of Shenzhen Government jointly issued The Notice of Work Program on Promoting the "Transfer with Mortgage" Model for Second-Hand Houses transaction in Shenzhen (...