Limited partnership tax circular eases investor concerns

June 06, 2009 | BY

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Wayne Chen and Patrick [email protected], [email protected] Law OfficesSince the amendments to the Law of Partnership Enterprise…

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Wayne Chen and Patrick Chen

[email protected], [email protected]

Llinks Law Offices

Since the amendments to the Law of Partnership Enterprise (new partnership law) were promulgated on August 27 2008, tax policy for limited partnerships has become an important issue and concern for investors.

After the new partnership law took effect on December 23, the Ministry of Finance (MOF) and the State Administration of