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SAT Issues New Guidance Following Elimination of Tax-related Administrative Approvals

Tax Newsflash:May 19, 2015/China

On 17 April 2015, China’s State Administration of Taxation (SAT) issued Bulletin 22 (Bulletin [2015] No. 22) to amend three previously issued SAT documents. (Tax Newsflash:May 19, 2015/China)

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On 17 April 2015, China’s State Administration of Taxation (SAT) issued Bulletin 22 (Bulletin [2015] No. 22) to amend three previously issued SAT documents. Bulletin 22's issuance was in response to the cancellation of four tax administrative approval/registration requirements by two State Council decisions earlier this year: The "Decision of the State Council to Abolish and Adjust Certain Administrative Approval Requirements” (Guofa [2015] No. 11) and "Decision of the State Council to Abolish Certain Administrative Approval Requirements or to Delegate Certain Items to Lower Authorities" (Guofa [2014] No. 5). Bulletin 22 will apply as from 1 June 2015.

In this newsletter , we explain the two circulars amended in No. 22 publication is of particular interest .

 

>> Click for Japanese [中国国家税務総局が税務関連事項の審査取消後の管理手続を明確化]

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