A case study analysing the new “same jurisdiction/same treaty benefit rule” when applying DTA benefits to avail lower tax rates for dividend repatriation.
China’s tax body has clarified a preferential corporate income tax (CIT) policy for small and low-profit enterprises and individual businesses, in place till December 31, 2022.
China has increased the ratio of additional deduction on manufacturing firms’ R&D expenses from 75 percent to 100 percent.
As the transition period will end December 31, 2021, China’s new IIT law will likely roll-back some tax exempt benefits-in-kind for expatriates. Learn more.
China has extended a package of expired or to-be-expired preferential tax and fee policies as well as rolled out new structural tax and fee cut measures.
An Introduction to Doing Business in Hong Kong 2021, the latest publication from Dezan Shira & Associates, is out now.
Restructuring your China business will ensure your company is more streamlined, risk resilient, agile, and competitive in the market.
We answer some frequent queries regarding the annual tax reconciliation preparation in 2021 in China and offer professional insights into best practices.