Tax incentives are given to promote the IC industry
June 06, 2018
Tax
China's beneficial ownership rules have become stricter in some places and lenient in others while anti-avoidance provisions have become more explicit. This article reports on what non-tax residents need to know about the new rules.
June 04, 2018Tax credit policy has been revised to align with outbound investment needs.
May 23, 2018Tax credit policy has been revised to align with outbound investment needs.
May 23, 2018Substantive business activities required for beneficial owner status
May 16, 2018PRC outbound investment has received another boost via a new tax credit regulation that simplifies procedures and provides greater options to Chinese companies keen on multi-jurisdictional forays. It would be wise for these corporates to review and restructure their tax credit strategies to capitalize on the government's commitment to expanding outward.
April 22, 2018Tax deferral encourages foreign investors to re-invest
March 30, 2018Tax deferral policy for FDI further clarified
March 30, 2018A new tax deferral policy providing a temporary waiver of EIT to overseas investors investing in encouraged industries is aimed at attracting more foreign capital. If considering expanding further into the PRC, overseas companies should comprehensively review and readjust their current investment strategies to ensure they can benefit from the new tax deferral.
March 28, 2018The scope of R&D tax super-deductibles clarified.
March 01, 2018
