New Issue of China Briefing: Double Taxation Avoidance Agreements

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Sept. 4 – The new issue of China Briefing Magazine, titled Double Taxation Avoidance Agreements, is out now and will be temporarily available as a complimentary PDF download on the Asia Briefing Bookstore throughout the month of September.

The technical language surrounding double taxation, including the “substance over form” principle, “beneficial owner” status, and the concepts of “permanent establishment” and “tax residency,” make the area a challenge for non-specialists to navigate. Yet an understanding of these terms and the circulars behind them is key to ensuring that a business can benefit under double taxation agreements.

In the first article of this issue, we look at the evolution of the legal framework of double taxation agreements in China, including the foundation of anti-avoidance, obligations in reporting offshore transactions, how to qualify as a beneficial owner and how to claim treaty benefits. In the next article, we outline the interpretations given in Circular 75 of the China-Singapore DTA, which was the first time that the Chinese tax authorities really opened up about DTA interpretations.

In this issue:

  • Double Taxation Agreements for China Investment
  • DTA Interpretation: Circular 75 and China-Singapore DTA
  • Q&A: What Is the Situation in China for Foreign Companies Wishing to Obtain DTA Relief?

Double Taxation Avoidance Agreements is out now and immediately available as a complimentary PDF download on the Asia Briefing Bookstore.

Dezan Shira & Associates is a specialist foreign direct investment practice, providing corporate establishment, business advisory, tax advisory and compliance, accounting, payroll, due diligence and financial review services to multinationals investing in emerging Asia. Since its establishment in 1992, the firm has grown into one of Asia’s most versatile full-service consultancies with operational offices across China, Hong Kong, India, Singapore and Vietnam as well as liaison offices in Italy and the United States.

For further details or to contact the firm, please email china@dezshira.com, visit www.dezshira.com, or download the company brochure.

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