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We are committed to bringing you the latest news and impacts related to the Coronavirus and business operations—COVID-19 Resources. In addition, we can help navigate the challenges ahead.

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Expatriate Employees and Global Taxation

Posted by Eric Lin on September 9, 2020

Eric Lin Eric Lin

As Chinese companies expand their businesses globally, expatriate employees’ individual income taxes become more critical for the employees themselves, and Chinese-owned foreign subsidiaries. Here are some important considerations under the Chinese IIT Rules.

Read more

The New Foreign Investment Law

Posted by Nina Wang on July 16, 2019

In response to international criticism about China’s openness to foreign businesses and an attempt to attract more foreign investors to expand their businesses to China, the National People’s Congress passed the Foreign Investment Law of the People’s Republic of China (Foreign Investment Law) on March 15 2019, which will come into force on January 1, 2020.


Read more

How to Respond to the US-China Trade Friction

Posted by Nina Wang and Tim Hilligoss on January 29, 2019

The year of 2018 was essential to the world’s two greatest trading nations:  the United States and China. Throughout 2018, the Trump administration proposed and launched a series of policies imposing additional duty rates on a wide range of products imported from China. China retaliated immediately by publishing a list of products imported from US as targets for an additional 25% tariff. This trade friction is sweeping worldwide and has significant impacts on businesses.


Read more

Impacts of the New China IIT Law

Posted by Nina Wang on January 28, 2019

On August 31, 2018, China passed the Draft Amendment to the Individual Income Tax Law (IIT Law), which is the most significant revamp in the past 38 years.  The amendments will have a significant impact on foreigners living in China.  The following is an overview of the key changes that may affect individuals in the global mobility arena.


Read more

China Released Tax-Reduction Measures

Posted by Nina Wang on January 10, 2019

In the past few months, China’s Ministry of Finance (MOF), State Administration of Taxation (SAT), and other governmental agencies released various new “Circulars” to the current Chinese corporate tax law. Most of these tax reduction measures took effect January 1, 2018 in order to support entrepreneurship, innovation, and the development of both high technology enterprises and small and mid-sized entities (SMEs).


Read more

China’s Reduced VAT (Value Added Tax) Rates

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.


Read more

Our China Practice

Posted by Rob 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.


Read more

Permanent Establishment in China

Posted by Tim Hilligoss and Nina Wang on March 13, 2018

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.


Read more

High and New Technology Reform in China

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 …


Read more

Five Questions Answered about Expat Individual Income Tax in China

Posted by Nina Wang and Tim Hilligoss on July 25, 2017

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 …


Read more

Clayton & McKervey Unveils New Mandarin Web Site

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 …


Read more

Proving Beneficial Ownership to China Requires Right Approach

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 …


Read more

New Rules for Representative Offices of Foreign Enterprises in China

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 …


Read more

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Expatriate Employees and Global Taxation

Posted by Eric Lin on September 9, 2020

Eric Lin Eric Lin

As Chinese companies expand their businesses globally, expatriate employees’ individual income taxes become more critical for the employees themselves, and Chinese-owned foreign subsidiaries. Here are some important considerations under the Chinese IIT Rules.

Read more

The New Foreign Investment Law

Posted by Nina Wang on July 16, 2019

In response to international criticism about China’s openness to foreign businesses and an attempt to attract more foreign investors to expand their businesses to China, the National People’s Congress passed the Foreign Investment Law of the People’s Republic of China (Foreign Investment Law) on March 15 2019, which will come into force on January 1, 2020.


Read more

How to Respond to the US-China Trade Friction

Posted by Nina Wang and Tim Hilligoss on January 29, 2019

The year of 2018 was essential to the world’s two greatest trading nations:  the United States and China. Throughout 2018, the Trump administration proposed and launched a series of policies imposing additional duty rates on a wide range of products imported from China. China retaliated immediately by publishing a list of products imported from US as targets for an additional 25% tariff. This trade friction is sweeping worldwide and has significant impacts on businesses.


Read more

Impacts of the New China IIT Law

Posted by Nina Wang on January 28, 2019

On August 31, 2018, China passed the Draft Amendment to the Individual Income Tax Law (IIT Law), which is the most significant revamp in the past 38 years.  The amendments will have a significant impact on foreigners living in China.  The following is an overview of the key changes that may affect individuals in the global mobility arena.


Read more

China Released Tax-Reduction Measures

Posted by Nina Wang on January 10, 2019

In the past few months, China’s Ministry of Finance (MOF), State Administration of Taxation (SAT), and other governmental agencies released various new “Circulars” to the current Chinese corporate tax law. Most of these tax reduction measures took effect January 1, 2018 in order to support entrepreneurship, innovation, and the development of both high technology enterprises and small and mid-sized entities (SMEs).


Read more

China’s Reduced VAT (Value Added Tax) Rates

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.


Read more

Our China Practice

Posted by Rob 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.


Read more

Permanent Establishment in China

Posted by Tim Hilligoss and Nina Wang on March 13, 2018

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.


Read more

High and New Technology Reform in China

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 …


Read more

Five Questions Answered about Expat Individual Income Tax in China

Posted by Nina Wang and Tim Hilligoss on July 25, 2017

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 …


Read more

Clayton & McKervey Unveils New Mandarin Web Site

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 …


Read more

Proving Beneficial Ownership to China Requires Right Approach

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 …


Read more

New Rules for Representative Offices of Foreign Enterprises in China

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 …


Read more

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  • Clayton & McKervey
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  • Denise Asker
  • Eric Lin
  • Jim Biehl
  • Julie Killian
  • Kevin Johns
  • Margaret Amsden
  • Miroslav Georgiev
  • Nina Wang
  • Rob Dutkiewicz
  • Ruben Ramirez
  • Sarah Russell
  • Sue Tuson
  • Tarah Ablett
  • Teresa Gordon
  • Tim Finerty
  • Tim Hilligoss
  • Wendy Reedy

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