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China Briefing explains the current tax situation and incentives introduced.

Circular 79 intends to clarify enterprise income tax (EIT) policy for capital gains with respect to QFIIs/RQFIIs.

On August 24, 2009, the State Administration of Taxation issued Administrative Measures for Claims for Tax Treaty Benefits by Nonresidents (Trial Implementation), Guo Shui Fa [2009] No. 124 (the "Measures").

Since its enactment in 1993, Section 1202 of the Internal Revenue Code has provided non-corporate investors with the ability to exclude from federal taxable income up to 50% of the gain realized from the sale of "qualified small business stock" (QSB Stock) held for more than five years.

The three documents introduce new deductions, tax exemptions, and subsidies to stimulate action in three critical areas related to fighting the coronavirus outbreak.

My law firm's international lawyers do a significant amount of transactional work, which we call "happy law." It's generally happy because the buyer and seller largely know what they want from the other side...

Since the early 1990s, China has maintained a dual income tax system for foreign invested enterprises ("FIEs") and domestic enterprises. Preferential tax treatment like lower tax rates, tax deductions and tax holidays offered to FIEs was designed to attract foreign investments to China.

To help foreign investors and taxpayers understand how China computes individual income tax, China Briefing offers a guide outlining how to calculate and withhold IIT for both resident and non-resident individuals.

过去几年来，纳闽国际商业金融中心(Labuan IBFC)的租赁业务与区域经济实现同步增长，为了满足区域经济效益增 长的需求，固定设备需求也不断增长Ӎ

According to China Corporate Income Tax Law ("CIT Law"), a China resident enterprise is subject to China Corporate Income Tax ("CIT") on its worldwide income.

On April 7, 2008, the State Administration of Taxation ("SAT") issued a circular governing provisional Corporate Income Tax ("CIT") payment issues for real estate developers [Guo Shui Han (2008) No. 299] ("Circular 299"), which is retrospectively effective from January 1, 2008.

We are pleased to present to you the first edition of our firm’s Asia Tax Bulletin.

The Chinese government has supported the development of micro and small enterprises (MSEs) by introducing major tax cuts.

Recently, State Administration of Tax issued Annual Corporate Income Tax ("CIT") Return Package of People's Republic of China (Type A, 2014).

China's Ministry of Finance and State Taxation Administration have issued comprehensive new regulations governing offshore trust taxation, creating a framework that applies throughout the entire lifecycle of offshore trusts from initial funding to succession. These sweeping changes, effective immediately with a 90-day compliance window, impose Chinese Mainland taxes at multiple points for residents who have established offshore trusts, while also extending reach to non-residents with Chinese Mainland-source

The Individual Income Tax of the People's Republic of China ("IIT") was revised in 2018 paved significant changes IIT calculations.

For multinational corporations operating in China, repatriating cash from their subsidiaries has always been an important but challenging issue.