2024-01-12
Transportation Expense Reimbursement and Deduction of Input Tax, These Precautions Must Be Understood!
Transportation expenses are an essential cost in the production and operation of enterprises. What issues should be paid attention to when reimbursing and deducting input tax? Can common types of transportation bills serve as input tax deduction vouchers? How to determine the deductible input tax amount... Hargent provides you with a detailed analysis and summarizes six high-frequency issues for enterprises to refer to when actually reimbursing.
2024-01-12
Tax Analysis and Corresponding Suggestions on the New Policy of Ordinary Residence
On December 14, 2023, Beijing and Shanghai simultaneously introduced optimization policies for the real estate industry, adjusting the standard for ordinary residence, lowering down payments and interest rates, aiming to meet residents' housing needs and promote the healthy development of the market. This article takes Beijing as an example to explore the impact of the adjustment of ordinary residence standards on the land appreciation tax of real estate enterprises, and provides corresponding suggestions.
2023-12-12
Discussion on the Tax Treatment of Upfront Land Costs Under the Urban Renewal Model
Urban renewal has become an important way for real estate companies to obtain land resources. Under various modes of urban renewal, the tax treatment of upfront land costs is a focus issue. In order to ensure that upfront land costs can be deducted before tax, what kind of bills real estate companies should obtain is a key issue. This article will explore the tax treatment of upfront land costs under the urban renewal model.
2024-01-25
An Analysis of the Impact of the Four Major Changes in the New “Company Law” on Corporate Tax Management
The newly revised “Company Law of the People's Republic of China” has been voted on and passed recently. The new Company Law has made significant changes to China's corporate capital system, corporate mechanism and organizational structure, as well as the rights and responsibilities of shareholders, directors, supervisors, senior managers and creditors. The resulting tax implications deserve corporate attention. Hargent will analyze the impact of the four major changes in the “Company Law” on corporate tax management from a tax professional perspective.
2024-01-25
As the Country Regulates the Implementation of the New PPP Mechanism, What Are the Key Points in Tax Management?
The General Office of the State Council recently forwarded the "Guiding Opinions of the National Development and Reform Commission and the Ministry of Finance on Standardizing the Implementation of the New Mechanism for Public-Private-Partnership" (Letter No. 115 [2023] of the General Office of the State Council), which clarifies that PPP focuses on user-pay projects and completely adopts the franchise model. Under the overall requirements of the new mechanism, which tax issues need to be focused on? This article brings you the latest insights.
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Two PillarsHargent Published an Article in the China Taxation News Explaining the Changes in Hong Kong's Tax Resident Identification Methods
This article was published in the B4 (Large Enterprise & International) edition of the China Taxation News (July 14, 2023). Hargent reminds applicants that simplifying procedures does not mean reducing the requirements for preferential treatment in tax treaties (arrangements). Enterprises still need to judge their tax obligations in the Hong Kong region based on economic substance and comply with tax treaty (arrangement) treatment.
2023-08-21 Wu Xiaoqiang Tang Changyu Yang Hao
A New Age in Managing the Comprehension Process of R&D Super-deduction - An Evaluation of the Specific Policy Guide 2.0 for R&D Super-deduction.
Two business departments have released new guidelines for R&D Super-deductions, offering more precise judgment and improved process management. Hargent can provide a detailed analysis of the changes and impacts on your enterprise.
2023-07-20 Wu Xiaoqiang Wang Jianfeng
Optimise R&D Super-deduction and Prepayment to Help Enterprises Enjoy Tax Incentives in Advance.
From January 1, 2023, enterprises can receive an extra deduction for their R&D expenses incurred in the year's first half if they make prepayments in July. This means companies can enjoy preferential treatment three months earlier than before, based on their original October prepayment declaration.
2023-07-20 Mao Xu Sun Ru Xiao Dongmei
The Recognition of the New Policy among Hong Kong Tax Residents: Local Companies can Simplify the Issuance of Certificates but still need to Notice the Economic Essence when Enjoying Treaty Benefits!
Beginning on June 12th, the Inland Revenue Department will modify the procedures for evaluating and distributing Hong Kong tax resident identity certificates. This will involve defining tax residents in tax treaties and implementing new application forms.
2023-07-20 Wu Xiaoqiang Tang Changyu Yang Hao
Essential Considerations for Managing Outsourced R&D Expenses and Super-Deduction: Identifying Type and Transaction Value of Technical Contracts
Can I get extra deductions for outsourcing R&D expenses? What technology contracts count as R&D projects? Does the transaction amount of technology contracts affect the deduction base? Hargent can provide insights based on experience.
2023-06-15 Guo Caihuan Wang Xu
The "Digital Electronic Invoice" Pilot Program has Greatly Expanded, Consolidating Valuable Information Into a Single Article.
Digital electricity bills are now available in all of China, with a pilot program expanding. This move will help with tax collection and management, moving towards digital tax management for better supervision. Huazheng Taxation has provided information on the program's status, benefits, and features for review.
2023-06-15 Hargent
Beware of the Risks Associated with Low Taxes! This Article Examines the Common Risks and Quality of Occupation Tax for Farmland.
The farmland occupation tax is a one-time collection that has fewer taxpayers. However, taxpayers often need to pay more attention to the relevant policy details, which can lead to tax risks. Hargent has analysed the common dangers of some farmland occupation taxes based on actual business and sorted out the problems. This can help enterprises avoid tax risks and reduce unnecessary losses.
2023-06-15 Wang yinxi Jia Xiaojin Cui Hua
Comprehensive Understanding of Hong Kong's Salary Tax Policies and Tax Filing System through this Informative Article.
The Hong Kong salaries tax is a complete tax that applies to the income earned by individuals in Hong Kong. Hargent comprehensively explains the Hong Kong salaries tax system, covering collection targets, tax coverage, tax calculation, tax rates, and collection and management requirements. If you require local tax services in Hong Kong, please get in touch with us.
2023-03-20 Jin Chuan Tang Changyu
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