Posted by Nina Wang on August 28, 2018
Value Added Tax rates in China have been lowered, which is expected to save businesses 240 billion yuan a year.
Posted by Robert Dutkiewicz on June 11, 2018
I am pleased to share the accomplishments from our China service team, from how they serve our clients to providing up-to-date information on the accounting, tax, and business needs of the China market.
In many cases, the owners of such foreign entities are not aware of PE concepts and as a result, the entities are subject to Chinese CIT liability.
Posted by Nina Wang on September 12, 2017
On January 29, 2016, the Chinese tax authority announced the amended administrative approval measures (Guokefahuo, 2016-32) for High and New Technology Enterprises (HNTE) to …
As a direct result of globalization, there is an increasing amount of foreigners working in China. It’s important for a foreign person to know …
Posted by Clayton & McKervey on January 24, 2017
Clayton & McKervey, an international accounting and business advisory firm servicing growth-driven middle-market companies, introduced a new Mandarin web site on January 13, 2017. Created …
Posted by Sarah Russell on February 1, 2013
Foreign investors in China who want to obtain tax treaty benefits for withholding taxes on dividends need to understand the concept of beneficial ownership, communicate …
Posted by Tim Hilligoss on July 30, 2010
In view of the stricter administration of ROs, the limited business scope, and the increased tax costs brought about, foreign investors may need to revisit …
Posted by Tim Hilligoss on September 30, 2009
The new Business Tax (“BT”) regulations took effect on January 1, 2009. The new tax significantly increases the tax liability for foreign service providers that …
Posted by Tim Hilligoss on May 31, 2009
First, if a non-tax resident enterprise derives passive income, namely interest, dividend, rental, royalties, and capital gains, etc. from China, the payer of the income …