Welcome to our ECOVIS Ruide News and Blog section

Here you will find information about our company’s events organization to accounting, tax and consulting topics on which regulators in China are about to publish, enforce or change regulations and requirements.

Furthermore you can via this page also access our Focus China Blog. Be ready for monthly updates in form of articles from our professional auditors and tax consultants, and news of events and changes in China’s tax laws as they happen.

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Employee Remuneration - Explanation of Foreign Employee Subsidy/Welfare and Levy of Individual Income Tax

Author：Cathy HAN
Date：2018-06-30

According to the implementing Regulations of the Individual Income Tax Law of the People's Republic of China, the scope of the income categories described in Article 8(1) stipulates: The term "wage and salary income" shall mean wages, salaries, bonuses, year-end bonuses, profit shares, subsidies, allowances earned by individuals by virtue of the holding of any office or employment and other income earned by individuals relating to the holding of any office or employment.

China's First "Green Tax Law" – Environmental Protection Tax Law Implemented in 2018

Author：Cathy WU
Date：2018-06-30

After six years of legislative process and two deliberations, the "Environmental Protection Tax Law of the People's Republic of China" was passed at the 25th session of the Standing Committee of the 12th National People's Congress. And it was implemented on January 1, 2018. At the same time, the State Council promulgated the State Council Order No. 693, "Enforcement Regulations of the People's Republic of China on Environmental Protection Tax Law".

How to deal with overdue special invoices for Value-Added Tax (“VAT”)

Author：Bryan ZHU
Date：2018-01-31

Keywords:Taxation Credit by Overdue Input VAT