Lewis Lu

Sponsored by KPMG China

China: China tax incentives – easier access and increased scope

In recent years the Chinese government has progressively replaced administrative pre-approvals for various tax treatments and regulatory licences with tax authority record filing requirements. This has been coupled with more targeted and effective procedures for follow-up audit and review.

Khoonming Ho, July 12 2018

Sponsored by KPMG China

New Chinese tax incentives for innovation and private pension provision

Following on from the annual meeting of China's Parliament, the National People's Congress (NPC), in early March, the Chinese government has been implementing a string of tax reform measures, the most recent of which was the VAT rate reductions.

Curtis Ng, May 29 2018

Sponsored by KPMG China

Hong Kong: China clarifies beneficial ownership requirements – how this impacts Hong Kong

The long awaited Announcement 9 has been released by the State Administration of Taxation of China (SAT). Effective from April 1 2018, Announcement 9 replaces Circular 601 and Announcement 30, both of which are key circulars setting out the rules for foreign investors claiming tax treaty benefits on their Chinese-sourced dividends, interest and royalties (passive income).

Curtis Ng, April 30 2018

Sponsored by KPMG China

China announces measures to liberalise financial sector and reduce VAT

Against a backdrop of continuing China-US trade tensions, Chinese President Xi Jinping on April 10, at the Bo'ao Forum for Asia, announced a 'four-point plan' for the further liberalisation of rules governing foreign investment in, and trade with, China.

Khoonming Ho, April 30 2018

Sponsored by KPMG China

China: Tax and regulatory reforms outlined as National People’s Congress meets

China's 13th National People's Congress (NPC) – China's new Parliament – and the Chinese People's Political Consultative Conference (CPPCC) – equivalent to a Senate – held meetings in the period March 3-20 2018. A number of regulatory and tax reforms have been announced in the course of the week, in particular in Premier Li Keqiang's government work report address to the NPC.

Khoonming Ho, March 21 2018

Lewis Lu

Published by this author: