We discuss the benefits and tax implications behind intercompany royalty payments as a profit repatriation strategy for MNCs in China.
China has specific compliance requirements for each channel the foreign invested entity may choose in order to make outbound payments.
Chinese capitalism seems long gone when viewed against actual fiscal policies Sept. 26 – China’s tax burden is the second highest globally, beaten only by France, the 2009 Tax Misery Report by Forbes has suggested. Although relatively old data, the report has not previously gained much attention. However, as China has since then raised minimum […]