Future of VAT: Continued evolution and increasing significance The world will see VAT further increase in importance as a revenue raiser for countries and there will be ongoing change to its scope and mode of operation. By Lachlan Wolfers December 03 2019
R&D tax incentives: Continuous encouragement and enhanced supervision China has continued to improve access to tax incentives and provide new regulatory support for innovation. At the same time, renewed rigour is being applied to ensure that tax incentives... By Bin Yang & Nicole Cao December 03 2019
No pain no gain: Tax challenges in the China M&A market This past year has seen heightened inbound M&A activity in hot sectors such as life sciences and logistics, just as the Chinese tax authorities apply more sophisticated enforcement approaches to... By Michael Wong & Stella Zhang & Christopher Mak December 03 2019
Bonded zones and free trade agreements: Optimising the trade environment In 2019, China has pushed reforms to customs supervision and expanded the role of bonded zones, further intensified its use of TP documentation for customs purposes, and sought to refresh... By Eric Zhou & Rachel Tao December 03 2019
China: China introduces new free trade zones and improved practices Since 2013 China has established an increasing number of free trade zones (FTZs) around the country. By Khoonming Ho & Lewis Lu October 15 2019
Hong Kong: IRD publishes long awaited practice notes on transfer pricing Following the enactment of the transfer pricing (TP) legislation in Hong Kong on July 13 2018, the Hong Kong Inland Revenue Department (IRD) published on July 19 2019 the three... By Lewis Lu & Curtis Ng October 15 2019
China: Looking ahead in a changing global environment The upcoming 2019 edition of ‘China Looking Ahead’ comes at a precarious and symbolically charged time, with the 12-year Chinese zodiac cycle about to end and a new one about... By Lewis Lu October 11 2019
Chinese venture capital tax and offshore substance requirement developments China has implemented venture capital (VC) tax rules at the same time economic substance requirements for key offshore centres have been introduced. By Michael Wong & Alan O'Connor & Christopher Mak May 31 2019
China implements tax measures to stimulate economy and facilitate FDI On April 17 2019, China's National Statistics Bureau announced GDP growth of 6.4% in the first quarter of 2019, the same level as for the fourth quarter of 2018. By Khoonming Ho & Lewis Lu May 28 2019
New venture tax capital rules and support for inbound investment in China In recent years, China's venture capital (VC) industry has undergone rapid development and expansion. By Khoonming Ho & Lewis Lu March 21 2019
