Liquidated FIEs should pay back preferential income tax.

Royalties include income from technicial service activities relating to transfer of use rights.

Foreign investors should expect an additional regulatory hurdle when doing a merger or acquisition in China.    The government is developing…

Completed in February, CapitaLand China Holdings (CapitaLand) has bought Orient Overseas Developments (OOD) for US$2.2 billion. CapitaLand acquired 100%…

Being transparent with regulators and securing sufficient funding was the winning formula for Zhejiang Geely Holding Group (Geely) in its bid to buy Volvo…

If a Representative Office has unsound account books, fails to accurately account for its revenues or costs and expenses, or fails to make accurate filings, the tax authority shall have the authority to determine its taxable income.

Private equity firm Providence Equity Partners (Providence) will invest in Baidu's new online video company business. Baidu is China's leading internet…

The Circular states that the technical service activities relating to the transfer of use rights to proprietary technology shall be deemed as part of the transferred technology.

Work units may not invest in personal insurance for their personnel.