Conduit companies are not beneficial owners.
December 08, 2009
Tax
China consolidates rules on tax reduction eligibility of non-tax-residents.
December 08, 2009Venture investment companies may enjoy tax reduction.
December 08, 2009The Circular sets forth the criteria under which a venture investment enterprise may enjoy tax reduction for investment in an unlisted small or medium high and new technology enterprise.
December 08, 2009A new tax circular addresses the issue of the definition of a beneficial owner under tax treaties, and puts a new burden on taxpayers. But many issues are left unclarified
December 08, 2009The Circular clarifies the amounts or remuneration that shall not be treated as royalties but rather as income derived from service activities.
December 08, 2009The Circular states that conduit companies are not beneficial owners. It also sets forth factors that are not conducive to the recognition of an applicant's status as a beneficial owner.
December 08, 2009These Measures shall apply to non-tax-residents with tax obligations in China that wish to avail themselves of the treatment under the agreements for the avoidance of double taxation executed by China with foreign governments and regions.
December 08, 2009Greater deduction of advertising expenses allowed for three industries.
November 02, 2009Llinks Law OfficesDavid Yu and Clare [email protected], [email protected] September 23 notice from the State Administration of Taxation stated…
November 02, 2009