At the recent opening of the Chinese National People's Congress, Prime Minister Li Keqiang announced that business tax would be replaced by VAT across all insurance sector industries by May 2016.

On 17 September, 2015, China State Administration of Taxation ("SAT") released the Discussion Draft for the Implementation Measures for Special Tax Adjustments ("Discussion Draft")...

On July 27, 2011, the Ministry of Finance, the General Administration of Customs, and the State Administration of Taxation issued The Notice on the Relevant Tax Policies for the Implementation of the Strategy of Extensive Development of the Western Regions, Cai Shui [2011] No. 58 (the "Notice").

Annual tax filing management can now be conducted via the online tax payment service. This means that non-resident enterprises do not need to be physically present in China to handle tax-related issues.

The term "beneficial owner" has been used in various tax treaties between mainland China and other foreign countries (including the double taxation arrangements with Hong Kong and Macao) and the status is often a pre-requisite for non-resident enterprises claiming preferential tax treatment in the PRC.

A new tax circular relating to the increase of the cap on deductible advertisement and promotion fees in China’s pharmaceutical, cosmetic and beverage industries.was introduced on 31 July 2009 (“Circular”).

On 4 November 2010, the PRC State Administration of Taxation and the Ministry of Finance jointly issued the Tax Circular Caishui [2010] No. 103 to levy City Maintenance and Construction Tax ("CMCT") and Education Surcharge also on foreign enterprises, foreign invested enterprises and foreign individuals.

It has been a common practice for many multinational companies (“MNCs”) to assign personnel from headquarters or other offshore group companies to take senior positions within their subsidiaries in China under secondment arrangements.

The Chinese State Administration of Taxation recently released the circular Guoshuihan [2009] No. 601 ("Circular").

Because of this blog, our China lawyers get a fairly steady stream of China law questions from readers, mostly via emails but occasionally via blog comments or phone calls as well.

Many multinational corporations set up holding companies in favorable jurisdictions to hold equity investments in China .

China has implemented an advance tax ruling system starting from 1 March 2012.

Recently, China clarifies that individuals shall be liable for individual income tax (‘IIT’) on income derived from assignment of trade-restricted shares. According to the Supplementary Notice on Individual Income Tax Issues regarding Transfer of Trade-Restricted Shares (Caishui [2010] No. 70) ("Circular 70"), "trade-restricted shares" refers to shares which have been locked up during initial public offerings.

On December 8, 2011, the Ministry of Commerce and the State Administration of Foreign Exchange jointly issued the Notice on Further Improvement of Administration of Foreign Invested Holding Company, Shang Zi Han [2011] No. 1078 (the "Notice").

Transportation and certain modern services industries have gradually been placed under the scope of value-added tax (in a switch from business tax since January 1, 2012.

This Spring edition of the Asia Tax Bulletin features the tax changes due to the Government Budget taxation measures issued during the past three months by the governments of Hong Kong...

A long-disputed issue is whether a secondment arrangement under which a non-Chinese-tax-resident enterprise seconds an individual to work at a Chinese enterprise should be regarded as the assigner’s provision of services in the People’s Republic of China or as the assignee’s employment with the recipient.

On 11 August 2025, China's Ministry of Finance and State Taxation Administration released draft value-added tax (VAT) implementation regulations to accompany...

No matter where in the world you are doing business, you can be sure the "tax man" will want his share of your profits.

Reduced tax burdens should attract international talent and encourage economic growth in China.