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August 2009 Contents Verification of Corporate Income: State Administration of Taxation clarifies measures relating to the verification of corporate income. More... Multinationals Dumping Lossess on Chinese Affiliates: State Administration of Taxation calls on Multinationals to keep their Chinese affiliate's profits at a reasonable level. More... Second-hand Real Estate: State Administration of Taxation issues a notice that second hand property sold at an undervalue will be subject to investigation. More... Exempting Imports from Tarrifs and VAT:The Ministry of Finance will exempt certain imports from VAT and tarrifs beginning in 2011. More... Value Added Tax: the topic is discussed with a focus on the differences between small scale and regular tax payers. More... Lehman, Lee & Xu's corporate and international taxation team, in association with Lehman Tax & Accounting, offers clients unrivalled and comprehensive services relating to both Chinese and international taxation matters, and provides a high standard of technical expertise with a practical and commercial approach. For more information, please visit: Lehman, Lee & Xu - www.lehmanlaw.com |
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Lehman, Lee & Xu |