Tax Newsletter — May/June 2014: review of PRC and Hong Kong tax developments
By Doris Ho and Anderson Lam
DLA Piper’s May/June 2014 edition of its Tax Newsletter provides a review of People’s Republic of China (PRC) and Hong Kong tax developments.
- SAFE released rules regarding cross-border security
- Determination of beneficial owner under double tax treaties in entrusted investment
- New tax treaty signed between the PRC and Germany
- Chengdu Tax Authority negates trademark royalty based on economic contribution analysis
- SAT released rules regarding VAT refund to enterprises engaging in foreign trade comprehensive services
- Telecommunications sector included in VAT pilot reform
- Certain clarifications on taxable income for enterprise income tax purposes
- Exchange of tax information agreement with the US
- Stamp duty updates
- Tax evasion and tax avoidance cases
- Inland Revenue (Amendment) bill 2014
- Free-trade agreement with the association of Southeast Asian Nations
Click on the link below to read the DLA Piper briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from DLA Piper
News from The Lawyer
Briefings from DLA Piper
The Australian Taxation Office released a draft ruling on the Goods and Services Tax treatment of bitcoin transactions on 20 August 2014.
DLA Piper’s ‘Life sciences: patent extension strategies and antitrust global update’ video covers global antitrust and competition issues including product hopping and reverse payment patents.
Analysis from The Lawyer
Regulators are ramping up the pressure in the aftermath of recession, leaving firms to compete for compliance and restructuring work
Shearman & Sterling is making its presence felt in the City, squaring up to magic circle firms and looking to muscle in on key relationships. Private equity house Bridgepoint is one outfit that has had its head turned by the US firm.