China lowers import tariffs on MFN taxable items; Hainan province launches a blockchain research center in collaboration with the University College Oxford; and the State Council raises export tax rebate rate to stimulate trade.
William Marshall of Tiang & Co speaks to Jacelyn Johnson about the exciting times of being a trade lawyer amidst a burgeoning trade war between US and China, the impact of tariffs, and what lawyers should expect and be mindful of when negotiating or advising on export and import matters, foreign investments, tax and customs regulations and other trade related issues when dealing with China.
David Dingfa Liu, Partner and Tianxiao Jin, Associate at Fujae Partners in Shanghaidiscuss the newly passed Individual Income Tax Law. The law that will come in forceon January 1, 2019 would have a significant impact on taxpayers.
China's beneficial ownership rules have become stricter in some places and lenient in others while anti-avoidance provisions have become more explicit. This article reports on what non-tax residents need to know about the new rules.
