By Markus H Wanger, WANGER Law & Trust
April 02, 2011
Tax
A recent notice provides clarity on what activities of a Permanent Establishment are subject to taxation. This should prompt foreign businesses to re-evaluate their set-up structure
March 07, 2011Instead of easing difficulties, recent tax reforms have increased the tax liabilities and burdens of enterprises providing consulting services
March 07, 2011The Chinese authorities have released a new circular that relaxes the recognition criteria for advanced technology service enterprises (ATSEs)
January 24, 2011Local education surcharge standardised.
December 14, 2010When an enterprise derives revenue from the transfer of property, etc., it shall include all of the revenue in the year that is recognised to be the year in which such revenue is derived.
December 14, 2010Tax should be paid in one year for income derived from property transfer.
December 14, 2010FIEs required to pay urban maintenance and construction tax and education surcharge from December 1 2010.
December 14, 2010It's been a busy year for tax authorities in 2010 and next year will be no different. Foreign companies are no longer privy to preferential tax treatments and non-resident enterprises can expect tightening on indirect equity transfers, treaty benefits and transfer pricing audits
December 14, 2010Concentrate on tax policy transparency and consistent enforcement
November 09, 2010