The Measures state that assessment of taxable income of non-tax-resident enterprises shall be based on total revenue, costs and expenses, or revenue converted from operational expenditures.
The Report selects 37 intellectual property cases on which the Supreme People's Court has rendered final conclusive opinions addressing issues such as the application of the doctrine of estoppel, retroactive effect of a decision declaring a patent invalid and determination of the legitimate use of a descriptive trademark.
Counsel believe certain emissions-related policies must be introduced before China can levy carbon, environmental and resources taxes as it reportedly…
With the new PRC Tort Liability Law coming into effect on July 1 2010, CLP contacted a number of China-based in-house counsel to find out what their thoughts were on the potential impact of the new regulation on their business. Here's what some of them had to say:
Foreign investors will not be able to take part in the shareholding reform that Chinese websites undergo as they prepare for their initial public offering…
After a number of suicide attempts at an international technology company in China, PRC labour lawyers are advising multinational companies to place greater…
The new opinions from the State Council encouraging private sector investment allow foreigners to participate, especially if they can offer new technologies, but detailed implementation rules are lacking