188 results found

Here's why China's number one ranking for financial complexity is not as alarming as it may appear.

The Tax Cuts and Jobs Act (TCJA) of 2017, which was signed into law during President Donald Trump's first term, lowered tax rates overall. While the current legislation is slated to expire at the end of 2025 if Congress...

Compared with Circular No. 85, Circular No. 101 has introduced the following new tax preferences...

The China State Administration of Taxation recently issued a notice extending the taxation of capital gains by non-Chinese tax residents arising from indirect transfers of Chinese assets.

银保监会于2018年5月7日发布了《个人税收递延型商业养老保险产品开发指引》（以下称为"指引"）。

It is increasingly common for multinational corporations ("MNCs") to offer equity-based incentive benefits to employees based in different countries, including China...

On April 30, 2009, the Ministry of Finance and the State Administration of Taxation (the "SAT") jointly issued the Notice on Certain Issues of Corporate Income Tax Treatment of Enterprise Reorganizations (the "Notice"), Cai Shui (2009) No. 59.

Taxation of enterprise reorganisation is a current focus of PRC tax authorities. The Circular on Several Issues Concerning the Enterprise Income Tax Treatment of Enterprise Reorganisations ("Circular 59"), issued on 30 April 2009 and retroactive from 1 January 2008, outlines the tax treatment of equity transfers in connection with an enterprise reorganisation. It distinguishes between a deal where capital gains are subject to a withholding tax at the time of the transaction, and one where the ta

2020年5月19日，不列颠哥伦比亚省政府修订了....

The amended PRC Provisional Regulations on Business Tax (Provisional Regulations) and the PRC Implementation Rules for Provisional Regulations on Business Tax (Implementation Rules) both took effect on January 1, 2009.

Among the cross-border contracts between Chinese and foreign enterprises, the most common are purchase and sale contracts for goods, service contracts, royalty contracts and so on.

It is not uncommon for foreign companies that have not established a representative office, subsidiary, or any other form of business presence in China to nonetheless carry out business activities—such as sourcing and procurement—through local teams based in China. In these circumstances, some foreign companies enter into service agreements with Chinese human resources providers, under which the provider acts as the nominal employer (commonly referred to as an Employer of Record, or "EOR").

On 13 December 2010, the State Administration of Taxation (SAT) granted a big gift to the private equity industry by confirming the flow-through treatment of RMB fund in the form of FIVCIEs (Foreign Invested Venture Capital Investment Enterprises).

What tax measures have been introduced to support businesses impacted by COVID-19 – and what other rules have changed in APAC since 1 January?

Towards the end of 2019, novel coronavirus (COVID-19)-infected pneumonia started to break out in the sprawling capital of Central China's Hubei province, Wuhan

On January 29, 2016, the State Administration of Taxation, the Ministry of Finance and the Ministry of Science and Technology jointly issued the Revised Measure for Certification...

The Chinese State Council Standing Committee, the State Administration of Taxation issued Announcement [2021] No. 6, which took effect on April 1, 2021 and modifies regulations related to penalties for first-time violations ...