This week the SAT has clarified enterprise income tax rules for overseas affiliates and industries in Western China. The Implementing Rules for the national property registration system have also been released
March 27, 2015
Legal
Mall, market and platform business operators may be liable for advance payment of compensation to consumers.
March 26, 2015This week Yahoo! laid off about 300 employees as it closed its China office, experts urged legislators to draft a trade secret law, China propelled its seed industry and task forces were assembled to enforce the Environmental Protection Law
March 24, 2015MOFCOM gives instructions on case naming for anti-monopoly filings.
March 19, 2015The 2015 Foreign Investment Industrial Guidance Catalogue has been released, the CBRC has made obtaining loans for M&A easier and the revised PRC Legislation Law has clarified the regulation of taxes
March 19, 2015Lawyers at this year's IFLR M&A Forum explained how joint venture partners in common law jurisdictions can protect themselves
March 18, 2015Inward investors have expressed concern about proposals that China will levy a 10% capital gains tax on profits earned by foreign investors, with no opportunity to deduct for losses. While some tax advisers welcomed the clarity, some funds may struggle to pay the higher-than-expected tax bills on gains earned over five years between 2009 and 2014
March 18, 2015Foreign banks no longer require a representative office to set up subsidiaries or branches and foreign-invested banks no longer need to allocate minimum capital to set up branches in China
March 18, 2015The Supreme People's Court's new judicial interpretations replace previous ones to bring provisions in line with the Patent Law. Updates include clarified court jurisdictions, simplified procedures and increased damages, but guidelines for standard essential patents are still needed
March 18, 2015The Supreme People's Court's new judicial interpretations replace previous ones to bring provisions in line with the Patent Law. Updates include clarified court jurisdictions, simplified procedures and increased damages, but guidelines for standard essential patents are still needed
March 18, 2015