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 Issues VAT Guidance on Input Tax Deduction and Retroactive Application
- Guidelines on VAT not being deductible for non-taxable transactions
- China Clarifies VAT Input Tax Deduction Rules for Mixed-Use Assets
- Two Ministries Issue Rules on VAT Withholding by Domestic Units for Individuals
- China VAT Law 2026: New Input VAT Deduction Rules and Long-Term Asset Guidance














