China Tax Law Commentary: November 09
A comprehensive review of China tax and regulatory news and analysis
China Tax Law Updates, a bi-monthly publication from the U.S. Chinese Services Group and Lili Zheng, partner, Deloitte Tax LLP, provides a round-up of China tax and regulatory news and analysis. Learn how developments arising from new tax and regulatory changes may impact your current operations or plans for expanding your venture in China.
Download the issue below to learn how a recent circular issued by the Chinese State Administration of Taxation (SAT) addressing the Value Added Tax (“VAT”) treatment of asset reorganization activities; specifically Guoshuihan  No. 585 (“Circular 585”) issued on October 21, 2009; clarifies the VAT exemption for certain corporate reorganizations.