Article
China Adopts Controversial Vodafone-style* Extraterritorial Tax And Disclosure Rule
The PRC State Administration issued the Notice on Strengthening the Management of Enterprise Income Tax Collection of Proceeds from Equity Transfers by Non-resident Enterprises, dated December 10, 2009 and circulated to the public on December 16, 2009 ("Circular 698").
O'Melveny & Myers LLP
