Hwuason Law Firm Lawyers Liu Tianyong and Zhang Qian were appointed as the special editorial board members

On January 5, 2025, the National Development and Reform Commission (NDRC) and the Ministry of Finance (MOF) issued the “Notice on the 2025 Enhanced and Expanded Implementation of Large-scale Equipment Renewal and Consumer Goods Trade-in Policies” (NDRC [2025] No. 13), from the enhancement of efforts to promote the renewal of equipment, expanding support for consumer goods trade-in, accelerating the enhancement of the level of recycling, giving full play to the standards of the upgrading of the pulling role, and enhancing the implementation of the organization and other five aspects of the deployment of the new year's “two new” policies. Five aspects of the deployment of the new year's “two new” policy, which is clearly proposed to accelerate the implementation of resource recycling enterprises to natural persons to sell end-of-life products “reverse invoicing”, standardize the order of resource recycling industry tax.

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Hwuason Law Firm and Liu Tianyong are honorably listed on Chambers Greater China Region Guide 2025

On January 16, 2025, Chambers and Partners, the world's leading legal media, released the Greater China Region Guide 2025. Hwuason Law Firm is awarded as one of the Band 1 China tax law firms 2025. Mr. Liu Tianyong, the director of Hwuason Law Firm, is awarded as one of the Band 1 China tax lawyers 2025. Mr. Wang Qiang, partner of Hwuason Law Firm, is listed as one of the Up and Coming China tax lawyers 2025.

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2025 New Year's Greetings | Getting Ahead to Build a New Chapter in Tax Service

Dear Colleagues and Friends:

Good New Year to you all! The year 2024 has already waved goodbye to us, and 2025 is just around the corner. 2024 was an extraordinary year. In this year, the macro environment was stable and upward, and the journey of modernising the rule of law in taxation was advanced in an orderly manner. The Third Plenary Session of the 20th CPC Central Committee considered and passed the Decision of the CPC Central Committee on Further Comprehensively Deepening Reform and Promoting Chinese Modernisation, which pointed out the direction of the construction of Chinese modernisation in the new era; the State launched a package of incremental policies, which solidly pushed the economy upwards, the structure upwards, and the development trend continued to be good, so that we could fully feel the pulsation of the high-quality development of China's economy; on the tax level, the CPC Central Committee put forward new requirements for deepening the reform of the fiscal system and made new demands for the reform of tax system. At the tax level, the CPC Central Committee has put forward new requirements for deepening the reform of the fiscal and taxation system, making it clear that it is necessary to improve the tax system that is conducive to high-quality development, social fairness and market unity; the construction of the rule of law in taxation has entered a period of quality improvement and efficiency enhancement under the principle of "comprehensively ruling taxes in accordance with the law", and has achieved outstanding results in terms of scientific legislation, strict enforcement of the law, and fair justice. In the face of stable and orderly political environment, stable and improving economic situation, improving tax law system and increasingly sound financial and tax system, the development of tax lawyers' industry contains unlimited opportunities and possibilities, and the financial and tax legal services market is still a vast blue ocean!

As the first specialised tax law firm in China, Huashui has always taken the responsibility of assisting in the modernisation of the country and the construction of the rule of law in taxation since its establishment in 2006, and has stood out in the wave of the era of tax law changes. In the past year, Huatax has been deeply involved in the journey of modernising the rule of law in taxation:

Giving advice on the rules of law and people’s livehood. In 2024, Huashui advised on new tax laws and policies, proposed amendments to the Draft Customs Tariff Law of the People's Republic of China, comprehensively interpreted the Value-added Tax Law, and conducted a series of studies on the Interpretation by the Supreme People's Court of the Supreme People's Procuratorate of Several Issues Concerning the Application of Law in Handling Criminal Cases of Hazardous Tax Collection and Administration. It also conducted seminars and analyses on a number of tax policies introduced, and analysed in-depth the impact of policy implementation based on years of experience in tax legal services, and jointly promoted the collaborative governance of tax law.

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Serious Statement on Prohibition of “Huashui” Trademark and Trade-name Infringement

Serious Statement on Prohibition of “Huashui” Trademark and Trade-name Infringement

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Hwuason Law Firm was honored as the “2024 Statistical Integrity Enterprise of Chaoyang District”

To adhere to the social credit system requirements set by Beijing and Chaoyang District, and to advance the development of a creditable statistical system, enhancing the accuracy and excellence of statistical data and services, the Chaoyang District Bureau of Statistics and the Chaoyang District Economic and Social Survey Team initiated the Statistical Integrity Enterprise Selection Program in 2022. The selection process rigorously evaluated candidates based on foundational work, data accuracy, and compliance with administrative regulations. Recently, the 2024 honorees were announced, with Beijing Hwuason Law Firm being bestowed the title of "2024 Beijing Chaoyang District Statistical Integrity Enterprises"receiving high recognition from the Chaoyang District Government.

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Overview of the “2024 Tax Law Service Business Exchange Conference”

In order to deeply implement the spirit of the 20th CPC National Congress and the decision of the 3rd Plenary Session of the 20th CPC Central Committee, deepen the new round of reform of the fiscal and taxation system, comprehensively implement the principle of tax law, promote the construction of the rule of law of taxation with high quality, analyze and discuss the new dynamics of the current tax-related services and new business, and lead the development of the industry of China's tax-related services, business innovation and strategic cooperation, on December 8th, 2024, the Fiscal and Taxation Law Committee of the All China Lawyers' Association (ACLA), China University of Political Science and Law, and Hwuason Law Firm provided full support for the “2024 Tax Law Service Business Exchange Conference”, which was held in Beijing Jingyi Hotel. With the theme of “Chinese Modernization and Upgrading of Tax-Related Services”, this year's conference received more than 700 registrations from representatives of law firms, tax firms, accounting firms, tax authorities, judicial authorities, enterprises, universities and other circles from all over the country, and due to the limitation of venues, it was determined that more than 350 participants would attend the conference and participate in the exchanges and seminars after the strict examination of the organizing committee. Due to the limitation of space, after strict examination by the organizing committee, more than 350 people will attend the conference and participate in the exchange and discussion.

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Hwuason Law Firm Lawyers Interviewed by ZHONGGUO SHUIWU BAO and Provide Professional Opinions on Corporate Tax Compliance Issues

Enterprises are the most important main body of market economy, and the compliance construction of enterprises plays an important role in preventing their own business risks and creating a favorable market environment. Taxation accompanies the whole life cycle of enterprises, and tax compliance is the main content of compliance construction of enterprises, and is also an important guarantee for the sustained and healthy development. Recently, Mr. Zhang Qian from Hwuason Law Firm was interviewed by ZHONGGUO SHUIWU BAO on the issue of corporate tax compliance, reminding the importance of corporate tax compliance, analyzing the necessity of building an organizational structure for tax compliance management, and analyzing the key points of tax compliance in terms of establishment, operation, merger and acquisition, and deregistration of enterprises.

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Hwuason lawyers were invited to participate in the seminar and give lectures on special topics

From November 9 to 10, Liu Tianyong, Director of Beijing Hwuason Law Firm, and Zhang Qian, Partner of Hwuason Law Firm, were invited to participate in the 2024 Euromoney Strategic Development and Management Seminar. During the seminar, Mr. Liu Tianyong gave a lecture on “Tax Risks in Renewable Resources Industry and Suggestions for Prevention (2024)”. With the perspective of tax policy evolution of renewable resources industry, Liu Tianyong sorted out the changes of resource recycling business model in recent years, and analyzed the common tax risks in recycling link with practical cases, and put forward the suggestions of tax risk identification and prevention and control.

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Hwuason Lawyer Liu Tianyong wrote an article for the 40th anniversary of the founding of ZHONGGUO SHUIWU BAO: Forty Years of Style and Flourish, Going on a New Journey

In October 2024, ZHONGGUO SHUIWU BAO celebrated its 40th anniversary. As an authoritative publication in the field of taxation, ZHONGGUO SHUIWU BAO has always adhered to the tenet of ‘focusing on the centre, serving the overall situation, focusing on taxation and assisting development’, promoting tax knowledge and enhancing the relationship between tax collectors and employers. As a tax practitioner in the new era, Mr Liu Tianyong, a lawyer, has been travelling with China Taxation all the way, and on the occasion of the 40th anniversary of its publication, he wrote an article entitled ‘Forty Years of Style and Flourish, Going on a New Journey’, the full text of which is as follows:

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Lawyers Liu Tianyong and Zheng Zhaochen Invited to Lecture at Heilongjiang Provincial Association of Certified Tax Agents Training Course

On the morning of October 20, 2024, lawyers Liu Tianyong and Zheng Zhaochen of Beijing Hwuason Law Firm were invited to give a lecture to the Heilongjiang Provincial Association of Certified Tax Agents at the Central Institute of Socialism in Beijing with the theme of “Under the Judicial Interpretations: Tax Risk Management Practices and Typical Cases in Key Industries”.

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