91 results found

A number of tax regulations in China have recently been updated.

Since the last update, a number of tax regulations in China have been updated due to changes in government policy.

On December 22, 2011, the State Administration of Taxation and the State Administration for Industry and Commerce ("SAIC") jointly issued the Notice on Strengthening Cooperation to Share Equity Transfer Information, which became effective on January 1, 2012.

Beneficial ownership is an important concept in international tax law and especially for the application of double taxation agreements.

Micro and small enterprises should properly calculate and report the required data to ensure the preferential CIT rate.

China's State Council has just made public a notice (Circular 25) dated 10 May 2015, clarifying a few preferential policy issues.

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

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”).

The State Administration of Taxation issued the "Public Announcement on Certain Issues Concerning Special Tax Treatment on Equity Transfers by Nonresident Enterprises".

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

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

International oil and gas companies operating in the People's Republic of China ("PRC") should be aware of recent government charges that may affect their financial return from petroleum projects in China.

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").

It is well-known that in China the problem of intellectual property protection lies not with the laws which are relatively comprehensive and basically comply with the obligations under the Trade-Related Aspects of Intellectual Property Rights (TRIPs).

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.

For decades, it has been common practice that local governments attract investors by offering them various financial incentives mostly in the form of subsidies.