Recently, a fake SAT document on tax, named “NO.47 Notice”, has caused great concern in China. Two website, esnai.com and shui5.cn, all publish an apology for earlier releasing the fake document. But the two websites…
Tag: tax
The State Administration of Taxation (SAT) announced an article on three questions of new personal income tax law on its official website yesterday afternoon, following forged governmental tax document. The article illustrates the calculation of…
State Administration of Taxation issued an emergency declaration on Monday morning, to clarify the new personal income tax notice which was published few days ago. State Administration of Taxation (SAT) said that a widely-circulated document…
The Wuhan tax bureau recently requested 430 million Yuan ($66.5 million) from the online store, myonepercent.com, a woman’s clothing store on Taobao. This is the first case in China of an online shop being taxed,…
The public has expressed a high degree of concern since a draft amendment to the Personal Income Tax Law was submitted to the National People’s Congress. The amendment proposes the tax threshold be raised to…