UPDATE: Corporate tax exemption for profits made over Shanghai-Hong Kong Stock Connect

November 14, 2014

One business day before the opening of the Shanghai-Hong Kong Stock Connect, China’s Ministry of Finance formally announced that profits made on transactions over the connect will be temporarily exempt from capital gains tax. The introduction of the connect is the first time that individuals and small to medium investors will be able to access the Chinese stock market.

Unlock this content.

The content you are trying to view is exclusive to our subscribers.

To unlock this content:

Take a Free Trial or Login

Topics

more across site & bottom lb ros

More from across our site

Direct Tax

UN trumps OECD for combatting tax abuse: advocacy group chief

The US can veto anything proposed by the OECD, Alex Cobham of UK advocacy group Tax Justice Network argues

Sam Sholli, November 25, 2024

Direct Tax

Senator blasts PwC over inquiry conduct amid fresh scandal revelations

US partner Matthew Chen was named as potentially the first overseas PwC staffer implicated in the tax leaks scandal, in a dramatic week for the ‘big four’ firm

Tom Ravlic, November 22, 2024

Direct Tax

Oslo, Norway - 24 September 2022: PricewaterhouseCoopers or PWC

This week in tax: Ex-PwC partner hits out at firm amid legal battle

PwC alleged it has suffered identifiable loss and damage arising out of a former partner's unauthorised use of confidential information; in other news, Forvis Mazars unveiled its next UK CEO

Sam Sholli, November 22, 2024

Indirect Tax

Average global tax revenues flat but VAT takings rise: OECD

Luxembourg saw the highest increase in tax-to-GDP ratio out of OECD countries in 2023, according to the organisation’s new Revenue Statistics report

Tom Baker, November 21, 2024

Direct Tax

Five minutes with…Suzanne den Breems, Ryan

Ryan’s VAT practice leader for Europe tells ITR about promoting kindness, playing the violincello and why tax being boring is a ‘ridiculous’ idea

November 21, 2024

Direct Tax

Eyeglasses and calculator close-up and tired accountant woman making marks in paper documents with modern laptop sitting background next bright daylight window. Business, home finances money savings

Overcoming pillar two preparation fatigue

Technology is on the way to relieve tax advisers tired by onerous pillar two preparations, says Russell Gammon of Tax Systems

Russell Gammon, November 20, 2024

Transfer Pricing

OECD statistics for Italy show TP dispute proactiveness: experts

A high number of granted APAs demonstrates the Italian tax authorities' commitment to resolving TP issues proactively, experts say

Sam Sholli, November 20, 2024

Direct Tax

Valletta, Malta: skyline from Marsans Harbour at sunset

IMF recommends Malta speeds up pillar two implementation

Malta risks ceding tax revenues to jurisdictions that adopt the global minimum tax sooner, the IMF said

Tom Baker, November 19, 2024

Direct Tax

$492bn lost in tax revenues to havens each year: report

The UK and what has been dubbed its ‘second empire’ have been found to be responsible for 26% of all countries’ tax losses by the Tax Justice Network

Sam Sholli, November 19, 2024

Direct Tax

Potential Trump corporate tax rate cut could threaten Ireland: experts

Ireland offers more than just its competitive corporate tax environment but a reduction in the US rate under a Trump administration could affect the country, experts tell ITR

Sam Sholli, November 18, 2024