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China’s new tax regulation on indirect disposals complicates certain offshore M&A deals

China - March 23 2015 In 2009, China's State Administration of Taxation (SAT) promulgated Circular 698 to empower PRC tax authorities to re-characterize transfers by...


Proposed foreign investment law would bring profound changes to foreign investment regime in China

China - February 11 2015 On January 19, 2015, China’s Ministry of Commerce (“MOFCOM”) released a draft Foreign Investment Law (the “Draft Foreign Investment Law”) for public...