11 June 2018

China expands scope of eligible services for a Technology Advanced Service Company nationwide

China's Ministry of Finance, State Administration of Taxation, Ministry of Commerce, Ministry of Science and Technology and National Development and Reform Commission jointly issued Circular 44, to expand the scope of eligible services for a Technology Advanced Service Company (TASC) nationwide. Circular 44 is retroactively effective as of January 1, 2018.

A Global Tax Alert, attached below, provides additional details.

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Document ID: 2018-1194