Multinational enterprises (MNEs) operating in China need to be aware of the significant practical challenges embedded in Chinese transfer pricing adjustment scenarios.

Glenn DeSouza, transfer pricing leader in Dentons' Shanghai office, examines China's transfer pricing regime as outlined in three bulletins, the most recent of which was issued in March.

In this edition of Valuation Insights, we look at some of the regulatory changes, report releases and market trends from the third quarter of 2018.

WTS showcased some practical means for the management personnel or controllers to identify and manage tax risks in these areas.

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

Taxation affects almost all aspects of doing business in China.

On December 10, 2009, the State Administration of Taxation issued the Notice on Strengthening the Administration of Corporate Income Tax Concerning Equity Transfer for Nonresident Enterprises, Guo Shui Han [2009] No. 698 (the "Notice").

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

In April 2014, State Administration of Taxation of People's Republic of China ("SAT") submitted a letter ("the Letter") to the subcommittee of UN Transfer Pricing Manual for Developing Countries ("UN TP Manual").

The Chinese Tax Bureau promulgated on 6 July 2009 the circular number 363 on reinforcing control and investigation of transactions between affiliates.

China and Italy have updated their bilateral double tax agreement (DTA) to encourage investment and provide greater fiscal certainty as the two countries grow closer economically.

The Organisation for Economic Co-Operation and Development's Base Erosion and Profit Shifting action plan is set to add yet more complexity to our already fast changing and politically fraught tax landscape.

The recent passing of the 'Renewables Law' is set to turn China into a global heavyweight in the future development of the renewable energy sector.

The global recession has put great pressure on revenue authorities worldwide. China is no exception. Recently China’s State Administration of Taxation (“SAT”) issued a number of circulars to strengthen the protection of tax revenues.

In 2018, the World Customs Organization (WCO) published a new edition of the Guide to Customs and Transfer Pricing.

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.

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.

Since the release of The Administrative Measures of Special Taxation Adjustment, as Guoshuifa [2009] No. 2 ("Circular 2") by China State Administration of Taxation (the "SAT") in 2009...

On the 21st of January 2004, the People’s Bank of China published its draft Regulation on Administration of Auto Loans for consultation, which set out respective rules for auto loans granted to different kinds of debtors as well as for risk management

On December 21, 2015, the State Administration of Taxation of China ("SAT") issued "China Advance Pricing Arrangement Annual Report (2014)" ("the 2014 annual report").