PRC Taxes on Hong Kong & Foreign Companies: Clarifications, Changes, Challenges & Opportunities
May 02, 2007 | BY
clpstaff &clp articlesHong Kong and foreign companies making frequent visits to mainland China are likely to be subject to PRC enterprise income tax, while foreign investors, lenders and technology licensors will face challenges in seeking the most preferential rates of PRC withholding tax.
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By Neal Stender, Qingsong (Kevin) Wang and Peter Connors
Orrick, Herrington & Sutcliffe
In order to increase the predictability and reduce the amount of their PRC enterprise income tax liability, Hong Kong and foreign resident companies that previously provided services to clients through