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China offers tax and financial incentives over coronavirus

China - February 24 2020 The outbreak of coronavirus COVID-19 (as named by the World Health Organization) has disrupted normal business operations in China. Many enterprises…

Shan Yu.

Trade war escalating: China will blacklist "unreliable entities"

China, USA - June 14 2019 The Ministry of Commerce of China (MOFCOM) announced in a press conference on May 31, 2019 that the Chinese government will introduce an "Unreliable…

Peng Tao, Tina Xia.

China begins Environment Protection Tax collection: key takeaways

China - March 19 2018 China's Environment Protection Tax Law (EPT Law) is now in effect, and China will soon be collecting the Environment Protection Tax (EPT). The first…

Hong Kong: ground-breaking transfer pricing legislation - key features

Hong Kong, OECD - January 24 2018 The Hong Kong Government has gazetted an unprecedented tax legislative amendment - the Inland Revenue (Amendment) (No.6) Bill (Amendment Bill), on…

Shan Yu.

China defers 10 percent withholding tax on dividend income reinvested into Encouraged Industries

China - January 3 2018 Prior to 2008, foreign investors were generally exempt from withholding income tax on dividend income derived from their investment in China under the…

Shan Yu.