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

Hong Kong

  • 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

Sign in


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


Industry insight

In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.


Market intelligence

Identify the major players and business opportunities within a particular region through our series of free, special reports.


Email newsletters

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.

Briefings from DLA Piper

View more briefings from DLA Piper

Analysis from The Lawyer

View more analysis from The Lawyer


3 Noble Street

Turnover (£m): 1,566.29
No. of lawyers: 3,961 (UK 200)
Jurisdiction: global
No. of offices: more than 75
No. of qualified lawyers: 542 (International 50)
No. of partners: 142.6