Following the SEC's suspension of the Big Four's Chinese affiliates, Chinese companies have few options, and looking to Hong Kong for help is not one of them. The answer lies in diplomacy
February 05, 2014
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
January 16, 2014VAT shall not be imposed on asset transfers on multiple occasions when the ultimate transferee is the same.
December 05, 2013Technical consulting income may be counted as technology transfer income.
November 28, 2013The Circular clarifies the types of corporate research and development expenses that fall within the scope of pre-tax super-deduction.
November 21, 2013A series of announcements on taxation have tightened the rules for multinational companies who second employees to Chinese affiliates
October 30, 2013SAT clarifies steps for Hong Kong tax-residents to avoid double taxation.
October 25, 2013Tax 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
September 18, 2013Tax 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
September 18, 2013SAT sets standards for levy of enterprise income tax on personnel assignment to China of non-tax-resident enterprises.
August 29, 2013