Tax

The Circular clarifies the amounts or remuneration that shall not be treated as royalties but rather as income derived from service activities.

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