China’s State Council has confirmed that the recently trialled resource tax on domestic sales of crude oil and natural gas will be extended nationally from November 1.
Taxpayers in China must be aware that tax officials may take into account economic substance of a company only in its jurisdiction of incorporation when applying Circular 698.
A ruling from Canada’s Federal Court of Appeal will have implications for taxpayers that sell a business where pension, severance or other obligations are assumed by the purchaser.
China’s State Administration of Taxation has clarified a number of issues relating to the administration of foreign companies that are controlled by Chinese investors.
China’s State Administration of Taxation has clarified a number of issues relating to the administration of foreign companies that are controlled by Chinese investors.
