Definition of services provided in the PRC that are subject to business tax clarified.
February 09, 2009
Legislation
The Implementing Rules clarify the levy of VAT for mixed sales and the definition of "small taxpayer".
February 09, 2009According to the Opinion, concentrations of business operators that are conducted by way of a merger shall be reported by all of the business operators that are parties to the merger.
February 09, 2009National LegislationACCOUNTINGOpinion on Regulating and Developing Small and Medium-sized Accounting Firms 关于规范和发展中小会计师事务所的意见L3110/08.12.17ECONOMIC…
February 09, 2009The Opinion requires an account of the effect of a concentration of business operators on competition in the relevant market when reporting a concentration of business operators.
February 09, 2009“Sale” and “for consideration” defined for consumption tax purposes.
February 09, 2009The revised Law now requires any work unit or individual wishing to apply for a patent in a foreign country for an invention or utility model completed in China to first submit such invention or utility model to the State Council's patent administrative department for a confidentiality review.
February 09, 2009Boundary between bribery and gift giving clarified.
December 18, 2008More high-end products subject to consumption tax.
December 18, 2008Conversion of unlisted foreign investment shares into tradable B-shares streamlined.
December 18, 2008