M&A: Hopes for further clarification of Chinese indirect offshore disposal tax rules

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M&A: Hopes for further clarification of Chinese indirect offshore disposal tax rules

John Gu, Paul Ma, Chris Mak and Yvette Chan, of KPMG China, argue that lack of compliance is not the problem with the Circular 698 indirect offshore disposal tax rules, but the consistency and transparency with which the circular is applied throughout the country.

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