In our June 2022 Issue of Newsletter, we will discuss some of the important updates in PRC Tax in the first half of 2022.1.  Limitation on Use of Capital for Wholly Foreign Owned Enterprise (“WFOE”) in Mainland ChinaThe use of WFOE’s Registered Capital for Non-Self-use Property and Listed Stock Investment is strictly forbidden in Mainland ChinaIn May 2022, the State