In a strong indication of its growing commitment to enforcing tax compliance, China's State Administration of Taxation released updated indirect transfer rules to replace Notice 698. professionals say the more stringent tax rules, which include safe harbour regulations, withholding tax obligations of the buyer, and clarifications of reasonable commercial purpose, are both welcome and concerning

Qualcomm has agreed to a fine of Rmb60.88 billion (US$975 million) stemming from a finding that its patent licensing practices violated China's Anti-monopoly Law, as well as conditions that echo last year's InterDigital agreement

This week the NDRC fined Qualcomm for AML violations, fake online accounts were banned, the SEC and Big Four reached a settlement over audits and the carbon trading market's lack of clarity was discussed

China has kicked off pilot carbon emission trading projects in seven provinces. Businesses on the list of key emitters should engage with the NDRC as soon as possible

China has kicked off pilot carbon emission trading projects in seven provinces. Businesses on the list of key emitters should engage with the NDRC as soon as possible

New draft patent administrative enforcement rules call for local officials to increase their professionalism and promises greater transparency. But do they go far enough?

New draft patent administrative enforcement rules call for local officials to increase their professionalism and promises greater transparency. But do they go far enough?

The SPC has issued a judicial interpretation of the Civil Procedure Law, the thresholds for special tax treatment for acquisitions have been lowered and the CIRC has relaxed foreign exchange insurance market rules

The criteria for setting up branches are lowered for foreign banks.