Tax

The 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.

These 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.

Greater deduction of advertising expenses allowed for three industries.

Llinks Law OfficesDavid Yu and Clare [email protected], [email protected] September 23 notice from the State Administration of Taxation stated…

SAT imposes individual income tax policy targeting senior management personnel.

The Circular clarifies the determination of the taxable income derived from stock appreciation rights and restricted stock.

Closer monitoring of secondment of expats to China.

A new tax policy may force multinational companies to choose between taking a heavy tax hit and giving expat workers local employment contracts

Multinational companies in China may have to choose between a heavy tax hit and the risks of local employment contracts for expat workers