Tax

The release of a tax notice expanding the scope of R&D expenses that are eligible for super deductions shows the government's desire to encourage innovation. Companies should ensure all information concerning its R&D projects is up to date and ready to file

VAT shall not be imposed on asset transfers on multiple occasions when the ultimate transferee is the same.

Technical consulting income may be counted as technology transfer income.

The Circular clarifies the types of corporate research and development expenses that fall within the scope of pre-tax super-deduction.

A series of announcements on taxation have tightened the rules for multinational companies who second employees to Chinese affiliates

SAT clarifies steps for Hong Kong tax-residents to avoid double taxation.

Tax breaks may not be enough to lure foreign investors to Shanghai's recently approved pilot free trade zone. The officials in charge of the zone will need to find more innovative ways to attract investors

Tax breaks may not be enough to lure foreign investors to Shanghai's recently approved pilot free trade zone. The officials in charge of the zone will need to find more innovative ways to attract investors

SAT sets standards for levy of enterprise income tax on personnel assignment to China of non-tax-resident enterprises.