China’s Ministry of Finance, State Administration of Taxation, and Ministry of Housing and Urban-Rural Development have jointly issued Announcement No. 24 of 2021, which provides tax relief meant to support the development of the residential property leasing market.
Source: Orbitax
Latest Posts in "China"
- China’s New VAT Refund Policy for Taxpayers Begins September 2025
- China Expands Consumption Tax to Include More Ultra-Luxury and New Energy Vehicles
- China Expands VAT Refunds for Tourists, Jilin Province Joins Scheme from September 2025
- China Introduces New VAT Refund Policy for End-of-Period Tax Credits Starting September 2025
- China’s Major VAT Credit Refund Policy Adjustments: What Businesses Need to Know