157 results found

Circular 36 effectively ends the application of BT to sales of services, intangibles, and real property.

From April to May 2022, the VAT credit refunds totalled 1.34 trillion yuan. According to the Announcement [2022] No. 21, starting from 1 July, companies in another seven sectors...

On November 7, 2019, China's State Administration of Tax (SAT) released the Announcement on Matters Related to Tax Credit Restoration (SAT Announcement [2019] No.37), effective from January 1, 2020.

As anticipated, on 6 February 2015, China's State Administration of Taxation issued Public Notice [2015] No. 7 dealing with indirect transfers of Chinese taxable assets.

Foreign enterprises often come across a baffling issue when providing technical or consulting services by dispatching employees to its Chinese partners or affiliates. They are mandated to pay enterprise income tax...

China announced a new incentive regime aimed at encouraging foreign investors to reinvest profits onshore.

The Chinese government is offering a wide range of financial supporting measures against the recent outbreak of COVID-19 across the country.

The above measures are expected be implemented one after another soon.

Welcome to the Asia Tax Bulletin, winter 2021/22 edition. I would like to make a special note about the recent ‘Grey-listing' of Hong Kong and Malaysia by the European Union (EU)...

The OECD Common Reporting Standards are designed to facilitate global exchange of financial account data. Foreign accounts and structures owned by Chinese tax resident individuals...

泰国投资委员会（BOI）对外资控股与土地所有权实施新限制

Traditionally, a company must obtain VAT general taxpayer status in order to be able to issue special VAT invoices.

During a short period of 30 days, China State Administration of Taxation ("SAT") had released two notices regarding anti-avoidance measures, measures that would impact directly the daily operation of taxpayers.

Under mainland China's tax system, tax bureaus have relatively strong discretionary power in the application of tax laws. Additionally, because the informal rulings of tax authorities are almost

As inflationary pressure continues to endure and high levels of interest rates persist, almost all businesses have had to turn their attention to working capital management.

From 1 September 2026, dividends paid by foreign-invested enterprises to foreign individual shareholders are taxed at 20 per cent. Official commentary suggests most investors will see no net increase. For one of the most common foreign investor profiles in China, that is not the case.

China Customs has been actively developing a customs voluntary disclosure system suited to its environment since the launch of the pilot project on enterprise self-regulation management in 2014.