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.

Contents

China

  • 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.

Briefings from DLA Piper

View more briefings from DLA Piper

Analysis from The Lawyer

View more analysis from The Lawyer

Overview

3 Noble Street
London
EC2V 7EE
UK
http://www.dlapiper.com

Turnover (£m): 1,539.00
No. of lawyers: 4,374(UK 200)
Jurisdiction: Global
No. of offices: Over 75
No. of qualified lawyers: 625 (International 50)

Jobs