Taxation regionalisation in full swing
As part of China’s regional development strategies, a series of plans and policies are being rolled out by the State Administration of Taxation (SAT) and local tax authorities to facilitate the innovative collaboration of tax administration and enforcement of integrated tax filing for corporate income tax, stamp duty, land-VAT, real estate tax and urban land use tax, tax collection policies, e-invoicing, etc. in the Yangtze River Delta Region.