Telecom WOFEs allowed for Hong Kong and Macao investors.
The SAT has clarified VAT will not be levied on purely offshore activities
MOF has pushed for enhancing the government's contractual performance in PPP projects.
Stricter requirements on sale of personal insurance.
Power distribution grid business opened to private sector.
NSSF has tightened trust loan security requirements.
SAT requires filing of contemporaneous documentation and country reports for transfer pricing.
November 10, 2016
First set of measures on P2P lending.
November 03, 2016