Archive for the 'China Tax' Category

Transfer Pricing Seminar

Tuesday, January 26th, 2010

Hwuason will be holding a transfer pricing seminar on 21 January 2009 in our offices in Jianwai SOHO. This seminar will look at transfer pricing compliance after a year of the new transfer pricing rules.
A copy of the invitation is attached here.

What made me angry last weekend.

Tuesday, January 26th, 2010

Okay Im over it now but I was quite peeved on the weekend after my plans to see Avatar on Saturday were screwed over by the China Film Association. [sidenote: Yes I admit I am a bit of closet sci fi fan, although quite selective in my tastes - I never really enjoyed any of [...]

Vaguely Precise

Tuesday, January 26th, 2010

This is a post that will attempt to tie a few (possibly completely unrelated although I think not) thoughts I have been having over the past few weeks (possibly years). It became apparent to me today that these thoughts, well at least I think, are somewhat interrelated … so here we go.
In the past few [...]

Oh no … not again

Tuesday, January 26th, 2010

A few months ago I posted about US criticisms of an Australian tv segment on the basis that the segment was racist. At the time I was somewhat critical of the transposing of US cultural norms onto Australians. My point was that whilst in some context something could be racist in other contexts it would [...]

Oh no – part 2

Tuesday, January 26th, 2010

I have been intending to elaborate on my last post for a few days to explain my viewpoint in order to avoid any confusion in relation to such a sensitive topic. A further piece of news has now given currency to the thoughts I wanted to convey. I will come back to that point later.
There are two [...]

Boosting education

Tuesday, January 26th, 2010

In a notice that was published on the State Administration of Taxation (SAT) website last week, the SAT and Ministry of Finance (MOF) have continued to relieve taxes in certain circumstances with respect to universities. Caishui [2009]155 (as you may recall Caishui indicates it is a notice jointly issued by the SAT and MOF) provides [...]

Non-legal perspective on the China tax storm

Tuesday, January 26th, 2010

Richard Meyer over at Compliance Week has done a fairly good job at discussing the increased focus on tax in China. Its a good, well-researched article that avoids the sensationalism one normally sees in such pieces. I think the following statement is particularly apt:
Tax compliance is the most tangible example right now. China’s long history [...]

Are we there yet? – Part 1

Tuesday, January 26th, 2010

2009 was a watershed year for tax in China. Whilst the Enterprise Income Tax Law (EITL) was introduced in 2008, it was 2009 in which the details of the new regime were revealed. And, as the saying goes, the devil is in the detail. 2009 saw a raft of measures and circulars issued by the [...]

Further developments in China’s thin capitalisation rules

Tuesday, January 26th, 2010

With the commencement of the Enterprise Income Tax Law in 2008, China introduced thin capitalisation rules into its tax regime for the first time. For a fairly detailed examination of the rules up until December 2009 you can review an article I wrote on the rules here. The most important regulation in this area is [...]

Debunking a Myth – a necessary part of practising law in China

Tuesday, January 26th, 2010

I subscribe to the China Law listserve (as does just about every China on-looker) which provides excellent discussions on Chinese legal issues. The more regular contributors to the list serve are generally academics so much of the discussion takes a somewhat theoretical look at China legal issues and tends to focus on human rights/WTO issues. [...]