Tax

Tax breaks may not be enough to lure foreign investors to Shanghai's recently approved pilot free trade zone. The officials in charge of the zone will need to find more innovative ways to attract investors

SAT sets standards for levy of enterprise income tax on personnel assignment to China of non-tax-resident enterprises.

SAT clarifies enterprise income tax treatment for hybrid equity and debt investments.

VAT reform expanded to the whole of China.

An Announcement from the SAT finally clarifies whether VAT should be included in the tax base for withholding tax levied on non-resident enterprises

SAT clarifies the income tax issue of non-tax-residents involved in China's VAT reform.

The rate at which expenditures and expenses that arise from the handling of cases are deducted from the shared revenue of lawyers shall be revised from the current rate of up to 30% of the shared revenue received by a lawyer for the month in question to up to 35%.

Industrial enterprises may be subject to consumption tax.

The dividend tax reduced to encourage investors to hold shares for the long term.