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 and Vietnam Sign Customs Cooperation Agreement to Combat Smuggling and Facilitate Trade
- China Clarifies VAT Threshold Under New VAT Law
- China’s E‑Fapiao System: A Comprehensive Guide to Digital VAT Invoicing and Compliance
- China’s New VAT Rules: Key Compliance Changes and Deadlines for Businesses from 2026
- China Updates VAT Administration: New Law, SME Enforcement, E-Commerce Relief, Import Incentives Extended
