Month: January 2023

CHINA TAX | January 2023

From January 1, 2023, the following China tax changes applies to companies: High-Technology Companies For those who purchased new equipment and appliances between October 1, 2022, and December 31, 2022, a lump sum deduction is allowed in the calculation of taxable income for the current year. 100% super-deduction before tax is allowed Research and Development…

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CHINA | Strengthening Women’s Rights in Work

Amended Protection of Women’s Rights and Interests of the People’s Republic of China (‘Women’s Protection Law’) strengthens women’s rights in work. The revised Women’s Protection Law was adopted on October 30, 2022, by the Standing Committee of the 13th National People’s Congress. Effective from January 1, 2022, the Law brings sexual harassment and discrimination to…

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