Foreign investors are less likely to disregard fraud in China than in the past; its competitive market now means businesses need to build stronger anti-fraud programs to protect margins and improve efficiency.
The latest issue of China Briefing Magazine, How to Manage Transfer Pricing in China, is out now and available for download from the Asia Briefing Publication Store.
Companies in China that relocate to a new location or city face unique land appreciation tax considerations. In this article, we look at company relocation and land appreciation tax in China.
Withholding Corporate Income Tax (CIT) is applied to China-sourced income derived by non-resident enterprises without establishments in China. Read more about withholding CIT here.
On April 25, the State Council announced that China will cut more than RMB 60 billion (US$9.5 billion) worth of taxes for small and micro enterprises and high-tech firms. Read the details here.
China’s new VAT rates are set to take effect on May 1, 2018. Companies located in or doing business with China should take action to adjust to the tax updates and determine how their operations will be affected.
China recently lowered its value-added tax (VAT) rates, as part of an RMB 400 billion (US$64 billion) tax cut package. Here, we look at the updated VAT rates.
For foreign companies with subsidiaries in China, repatriating profit from their subsidiaries has always been an important and challenging issue. Here, we look at the process of repatriating profits abroad.