TAXATION

As of 1 April 2022, any non-resident commercial entity with locally-derived revenue exceeding INR20 million (US$272,514) and with more than 300,000 users in India, will need to pay a digital tax of 2%. More

The Shanghai Municipal Tax Service, Jiangsu Provincial Tax Service, Zhejiang Provincial Tax Service, Anhui Provincial Tax Service and Ningbo City Tax Service, all under the State Taxation Administration, recently issued a joint announcement (Shanghai Municipal Tax Service Announcement No. 5 [2020]) outlining the preparation of a list of “first violations without penalty” for minor tax offences in the Yangtze River Delta region. More

The Guangdong Provincial Tax Service of the State Taxation Administration recently issued a notice calling on tax bureaus across the province to strengthen the implementation of tax policies in support of poverty alleviation and rural revitalisation efforts. More

On 5 February, the provincial government of Guangdong unveiled 20 policy measures, across five key areas, to promote the resumption of production in different types of enterprises affected by the coronavirus epidemic. More