A 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, 2009
Tax
The 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, 2009SAT imposes individual income tax policy targeting senior management personnel.
October 10, 2009The Circular clarifies the determination of the taxable income derived from stock appreciation rights and restricted stock.
October 10, 2009Closer monitoring of secondment of expats to China.
September 04, 2009A new tax policy may force multinational companies to choose between taking a heavy tax hit and giving expat workers local employment contracts
September 04, 2009