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China News




UK Updates VAT Guidance For Online Marketplaces

by Jason Gorringe, Tax-News.com, London

Monday, March 19, 2018

HM Revenue and Customs has updated its value-added tax guidance for online marketplaces and for suppliers using them to sell to UK consumers. Read Full Story

 


Denmark Tops Tax Burden League Table

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, March 14, 2018

Denmark was found to have the heaviest burden of taxation as a percentage of the economy in a new study by accountancy firm UHY. Read Full Story

 


Chinese Property Tax On The Cards

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, March 13, 2018

Chinese authorities are working on a long-awaited property tax to cool the country's overheated property market, according to a senior government official. Read Full Story

 


China Will Open Up To Foreign Investment, Lower Import Tariffs

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, March 7, 2018

China plans to actively expand imports and open up to foreign investment by reducing tariffs and taxes, according to a work report released by the Government ahead of the annual parliamentary session. Read Full Story

 


EU Extends Anti-Dumping Tariffs On Chinese Steel

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, March 7, 2018

The EU is to apply existing anti-dumping measures on Chinese imports of seamless pipes and tubes of stainless steel for another five years. Read Full Story

 


First Chinese 'Environment Tax' Reports Due April 1

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, March 6, 2018

About 260,000 businesses with operations in China will begin to be assessed for liability to the country's new environmental tax starting next month. Read Full Story

 


Australian Exporters Making The Most Of FTAs

by Mary Swire, Tax-News.com, Hong Kong

Thursday, March 1, 2018

Australia's free trade agreements are being widely used by Australian businesses, according to a new report commissioned by the Government. Read Full Story

 


China Sets Out How To Determine Beneficial Owner For Treaties

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, February 13, 2018

On February 3, 2018, China's State Administration of Taxation set out new rules on the disallowance of tax treaty benefits where an entity fails to demonstrate it is the beneficial owner of Chinese assets from which passive income is derived. Read Full Story

 


China 'Has Slashed Business Taxes By CNY2.5tn Since 2012'

Mary Swire, Tax-News.com, Hong Kong

Tuesday, February 6, 2018

The Chinese tax administration has reported that businesses have saved CNY2 trillion (USD317.8bn) following the replacement of business tax with value-added tax, beginning in 2012. Read Full Story

 


Hong Kong To Soon Join OECD's Multilateral Tax Compact

Mary Swire, Tax-News.com, Hong Kong

Friday, February 2, 2018

Hong Kong on February 2, 2018, ratified an Ordinance to enable the territory to soon join the OECD's Multilateral Convention on Mutual Administrative Assistance in Tax Matters and thereby more simply and more broadly agree to exchange tax information with other countries' tax authorities. Read Full Story

 

 

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