China’s State Council has confirmed that the recently trialled resource tax on domestic sales of crude oil and natural gas will be extended nationally from November 1.
A ruling from Canada’s Federal Court of Appeal will have implications for taxpayers that sell a business where pension, severance or other obligations are assumed by the purchaser.
Taxpayers in China must be aware that tax officials may take into account economic substance of a company only in its jurisdiction of incorporation when applying Circular 698.
China’s State Administration of Taxation has clarified a number of issues relating to the administration of foreign companies that are controlled by Chinese investors.
China’s State Administration of Taxation has clarified a number of issues relating to the administration of foreign companies that are controlled by Chinese investors.
