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Title Topic Date
China Tax & Investment Express Issue No. 2019022 Public notice regarding the deduction policy of insurance enterprises’ service charges and commissions for Corporate Income Tax purposes; etc. 201906066 June 2019
China Tax & Investment Express Issue No. 2019021 Public notice regarding Corporate Income Tax policies for the integrated circuit design and software industry; etc. 2019053131 May 2019
China Tax & Investment Express Issue No. 2019020 Notice regarding further optimizing the tax de-registration procedures for enhancing the simplification of administrative procedures; etc. 2019052424 May 2019
China Tax & Investment Express Issue No. 2019019 State Council’s executive meeting made the decision to extend the preferential Corporate Income Tax policies on the integrated circuit and software industry for attracting foreign investments to promote developments of the information industry; etc. 2019051717 May 2019
Hong Kong Tax alert – 17 May 2019 (2019 Issue No. 8) Economic substance requirements in no or nominal tax jurisdictions 2019051717 May 2019
China Tax & Investment Express Issue No. 2019018 Public Notice regarding expanding the applicable scope of preferential Corporate Income Tax policies on accelerated depreciation of fixed assets; etc. 2019051010 May 2019
China Tax & Investment Express Issue No. 2019017 Public notice regarding the Corporate Income Tax policy for perpetual bonds; etc. 2019043030 April 2019
China Tax & Investment Express Issue No. 2019016 China Advance Pricing Arrangement Annual Report (2018); etc. 2019042626 April 2019
Hong Kong Tax alert – 25 April 2019 (2019 Issue No. 7) IRD issues DIPN 55 2019042525 April 2019
China Tax & Investment Express Issue No. 2019015 Notice regarding agreement between the Government of the People’s Republic of China and the Government of the Italian Republic for the Elimination of Double Taxation with Respect to Taxes on Income and the Prevention of Tax Evasion and Avoidance; etc. 2019041919 April 2019
China Tax & Investment Express Issue No. 2019014 Public notice regarding certain adjustments related to the Certificate of Chinese Fiscal Resident; etc. 2019041212 April 2019
China Tax & Investment Express Issue No. 2019013 Q&As regarding deepening the Value-added Tax reform; etc. 201904044 April 2019
China Tax & Investment Express Issue No. 2019012 PN regarding certain policies for deepening the reform of Value-added Tax; etc. 2019032229 March 2019
China Tax & Investment Express Issue No. 2019011 PN regarding the determination of the residence period of individuals with no domicile in China; etc. 2019032222 March 2019
China Tax & Investment Express Issue No. 2019010 Public notice regarding the public opinion consultation on the amendments to certain administrative regulations including the “Administrative Regulations on Company Registration” and the “Administrative Regulations on the Registration of Enterprise’s Legal Representatives”; etc. 2019031515 March 2019
Hong Kong Tax alert – 18 March 2019 (2019 Issue No. 6) 2018/19 profits tax filing season will commence soon 2019031818 March 2019
China Tax & Investment Express Issue No. 2019009 Report on the work of government (2019); etc. 201903088 March 2019
China Tax & Investment Express Issue No. 2019008 Notice regarding Value-added Tax policies for drugs to treat rare diseases; etc. 201903011 March 2019
China releases ground breaking VAT policies to re-energize the Economy – Key changes and actions taxpayers should consider On 21 March 2019, the Chinese authorities issued a suite of tax circulars which set out ground breaking Value-Added Tax rules to materialize the decision made by the State Council to re-energize the Chinese economy. 20190329March 2019
New IIT preferential policies in Greater Bay Area published This alert aims to elaborate on the detailed contents and implications brought about by Caishui [2019] No. 31. 20190322March 2019
Tax regulations for non-domiciled individuals are released This alert aims to elaborate on the detailed contents and implications brought about by the Announcement [2019] No. 34 and No. 35. 20190321March 2019
Hong Kong 2019-20 Budget The Financial Secretary, Mr. Paul Chan, delivered the 2019-20 budget speech at the Legislative Council today (27 February 2019). Our Budget insights and Tax facts summarize the key proposals contained in the budget and our views thereof. 2019022727 February 2019
Macau Tax Update 2019 A glance at Macau’s complementary tax, professional tax, other tax incentives and Macau offshore companies. 2019022525 February 2019
China Tax & Investment Express Issue No. 2019007 PN regarding matters related to the expansion of the pilot run of allowing small-scale VAT taxpayers to issue special VAT invoices by themselves; etc. 2019022222 February 2019
Hong Kong Tax alert – 22 February 2019 (2019 Issue No. 5) Inland Revenue (Profits Tax Exemption for Funds) (Amendment) Bill 2018 passed 2019022222 February 2019
Hong Kong Tax alert – 20 February 2019 (2019 Issue No. 4) Inland Revenue (Amendment) (No. 7) Bill passed 2019022020 February 2019
China Tax & Investment Express Issue No. 2019006 Notice regarding various Value-added Tax exemption policies; etc. 2019021515 February 2019
China Tax & Investment Express Issue No. 2019005 Notice regarding Individual Income Tax policies for individual partners of venture capital companies; etc. 201902011 February 2019
Hong Kong Tax alert – 1 February 2019 (2019 Issue No. 3) Additional forms requiring detailed information to be completed and filed by taxpayers with the IRD 201902011 February 2019
China Tax & Investment Express Issue No. 2019004 Notice regarding the implementation on tax reduction/exemption policies for small and micro-sized enterprises; etc. 2019012525 January 2019
China Tax & Investment Express Issue No. 2019003 State Council Executive Meeting on 9 January 2019 announced specific measures regarding tax reduction for small and micro-sized enterprises; etc. 2019011818 January 2019
China Tax & Investment Express Issue No. 2019002 Public notice regarding a catalog of currently enforceable preferential Individual Income Tax policies; etc. 2019011111 January 2019
China Tax & Investment Express Issue No. 2019001 Public notice regarding matters related to tax identification number of natural persons; etc. 201901044 January 2019
Hong Kong Tax alert – 3 January 2019 (2019 Issue No. 2) - financial services | other industries Inland Revenue Department states its views on the operation of the aircraft leasing tax regime and transactions in cryptocurrencies. 201901033 January 2019
Hong Kong Tax alert – 2 January 2019 (2019 Issue No. 1) - financial services | other industries Inland Revenue Department states its views on the application of certificate of residence. 201901022 January 2019
China clarified favorable Individual Income Tax treatments This alert aims to elaborate on the detailed contents and implications brought about by Caishui [2018] No. 164. 20190103January 2019
China Tax & Investment Express Issue No. 2018050 Implementation Regulations of the Individual Income Tax Law of the People’s Republic of China; etc. 2018122828 December 2018
China Releases Implementation Rules of New Individual Income Tax Law This alert aims to elaborate on the key changes brought about by the Implementation Rules by reference to the tax alert released on 23 October 2018 regarding the Draft Implementation Rule. 20181227December 2018
The State Council published the Interim Measures of Specific Additional Tax Deductions This alert aims to elaborate on the detailed contents and implications brought about by the Interim Measures of Specific Additional Tax Deductions. 20181227December 2018
New Individual Income Tax calculation methods This alert aims to elaborate on the detailed contents and implications brought about by SAT Announcement [2018] No. 56. 20181227December 2018
China Tax & Investment Express Issue No. 2018049 State Council’s executive meeting on 12 December 2018 made decisions to support investment and innovation of start-ups through preferential income tax policies; etc. 2018122121 December 2018
China issues 2017 Advance Pricing Agreement Annual Report On 6 December 2018, the PRC State Administration of Taxation published the China Advance Pricing Agreement Annual Report (2017). The Report covers statistical data and analysis for the calendar years from 2005 to 2017. 20181219December 2018
China Tax & Investment Express Issue No. 2018048 China Advance Pricing Arrangement Annual Report (2017); etc. 2018121414 December 2018
China Tax & Investment Express Issue No. 2018047 Notice regarding improving tax policies for cross-border e-commerce retail imports; etc. 201812077 December 2018
Hong Kong Tax alert – 10 December 2018 (2018 Issue No. 17) - financial services | other industries Inland Revenue (Profits Tax Exemption for Funds) (Amendment) Bill 2018 gazetted 2018121010 December 2018
China Tax & Investment Express Issue No. 2018046 Public notice regarding issues related to the expansion of the application scope of withholding tax deferral treatment on direct reinvestments made by foreign investors; etc. 2018113030 November 2018
Hong Kong Tax alert – 26 November 2018 (2018 Issue No. 16) - financial services | other industries Tax implications on the adoption of HKFRS 15 2018112626 November 2018
China Tax & Investment Express Issue No. 2018045 Notice regarding the implementation of preferential tax policies for alleviating poverty; etc. 2018112323 November 2018
Hong Kong Tax Controversy Insight - 20 November 2018 (2018 Issue No. 4) In this issue of the Tax Controversy Insight, we will share and discuss some practical approaches in handling the source of profits issue. 2018112020 November 2018
China Tax & Investment Express Issue No. 2018044 Notice regarding tax policies for technology business incubators, university science parks and maker spaces; etc. 2018111616 November 2018
Hong Kong Tax alert – 15 November 2018 (2018 Issue No. 15) - financial services | other industries Inland Revenue (Amendment) (No. 7) Bill 2018 gazetted 2018111515 November 2018
China Tax & Investment Express Issue No. 2018043 Notice regarding the public opinion consultation on the “Stamp Duty Law of the People’s Republic of China (Discussion Draft)”; etc. 201811099 November 2018
China Tax & Investment Express Issue No. 2018042 Notice regarding the adjustment of export Value-added Tax refund rates for certain commodities; etc. 201811022 November 2018
Hong Kong Tax alert – 1 November 2018 (2018 Issue No. 14) - financial services | other industries Loss-absorbing capacity (LAC) requirements for authorized institutions 201811011 November 2018
China Tax & Investment Express Issue No. 2018041 Notice regarding the public opinion consultation on the “Implementation Regulations of the Individual Income Tax Law of the People’s Republic of China (Discussion Draft)”; etc. 2018102626 October 2018
Hong Kong Tax alert – 24 October 2018 (2018 Issue No. 13) - financial services | other industries Enhanced tax deductions for expenditure on qualifying research and development activities 2018102424 October 2018
China Tax & Investment Express Issue No. 2018040 Supplementary notice regarding issues related to the recognition of qualifying charitable organizations for which charitable donations made are tax-deductible; etc. 2018101219 October 2018
China Tax & Investment Express Issue No. 2018039 The State Council Executive Meeting on 26 September 2018 announced certain measures to attract and facilitate foreign investments; etc. 2018101212 October 2018
Human resource & Tax alert - October 2018 This alert aims to elaborate on the detailed contents of the two draft rules and discuss major implications brought about by the rules, which are important rules to interpret and implement the new IIT Law. 201810October 2018
China Tax & Investment Express Issue No. 2018038 Notice for increasing the super deduction rate for eligible research and development expenses; etc. 2018092828 September 2018
China Tax & Investment Express Issue No. 2018037 Notice regarding issues related to the application of Individual Income Tax (IIT) deductions and applicable IIT rates for the fourth quarter of 2018; etc. 2018092121 September 2018
China Tax & Investment Express Issue No. 2018036 Decision on revising the “Law of the People’s Republic of China on Individual Income Tax”; etc. 2018091414 September 2018
China Tax & Investment Express Issue No. 2018035 Public notice regarding Corporate Income Tax treatments for extension of the loss carry-forward period of High-and-New Technology Enterprises and Technology-based Small and Medium-sized Enterprises; etc. 201809077 September 2018
Human resource & Tax alert – September 2018 This tax alert aims to share key information regarding the revisions to the IIT Law and our observation. 20180901September 2018
China Tax & Investment Express Issue No. 2018034 Protocol amending the Agreement between the Government of the People’s Republic of China and the Government of the Republic of Chile for the Elimination of Double Taxation and the Prevention of Tax Evasion and Avoidance with respect to Taxes on Income 2018083131 August 2018
China Tax & Investment Express Issue No. 2018033 Notice regarding the “Collection of Tax Policies for Mixed-Ownership Reform of State-Owned Enterprises”; etc. 2018081724 August 2018
China Tax & Investment Express Issue No. 2018032 Public notice (PN) regarding tax policies for venture capital companies and individual angel investors; etc. 2018081717 August 2018
China Tax & Investment Express Issue No. 2018031 Public notice (PN) regarding clarification of certain matters related to Value-added Tax (VAT) collection and administration of certain types of entities such as Sino-foreign cooperative schools; etc. 2018081010 August 2018
China Tax & Investment Express Issue No. 2018030 The implementation plan for ”Guiding Opinions of the Central Committee of the Communist Party of China and the State Council on Supporting Hainan in its Complete and Deeper Reform and Opening-up“; etc. 201808033 August 2018
China Tax & Investment Express Issue No. 2018029 The Executive Meeting of the State Council on 23 July 2018 decided to raise super deduction percentage for eligible Research and Development expenses of all enterprises; etc. 2018072727 July 2018
China Tax & Investment Express Issue No. 2018028 Notice regarding extension of the loss carry–forward period of High-and-New Technology Enterprises and Technology-based Small and Medium-sized Enterprises; etc. 2018072020 July 2018
China Tax & Investment Express Issue No. 2018027 Most-favored-nation treatment under interest clause of the Double Tax Agreement between the People's Republic of China and the Republic of Chile; etc. 2018071313 July 2018
China Tax & Investment News Issue No. 2018002 China further relaxes restrictions on foreign direct investment - Negative lists for foreign investment in China and domestic Pilot Free Trade Zones are further shortened to attract foreign capital 2018070610 July 2018
Hong Kong Tax alert - 9 July 2018 Hong Kong passes tax and transfer pricing legislation to counter Base Erosion and Profit Shifting 201807099 July 2018
China Tax & Investment Express Issue No. 2018026 Corporate Income Tax policy for super deduction of expenses incurred for research and development activities outsourced overseas; etc. 201807066 July 2018
Human resource & Tax alert - July 2018 This tax alert aims to elaborate on the detailed contents and discuss the major changes brought about by the Draft Amendment. 20180706July 2018
Human resource & Tax alert - June 2018 This tax alert aims to elaborate on the relevant contents and information disclosed by the official public resources regarding IIT reform and the Draft Amendment and discuss major changes brought about by the IIT reform. 20180630June 2018
China Tax & Investment Express Issue No. 2018025 Individual Income Tax issues related to cash rewards received by scientific and technical personnel for the transformation of scientific and technological achievements; etc. 2018062929 June 2018
China Tax & Investment Express Issue No. 2018024 Public notice (PN) regarding the launch of Administrative Measures on vouchers for Corporate Income Tax (CIT) deduction purposes; etc. 2018062222 June 2018
China Tax & Investment Express Issue No. 2018023 Notice regarding the extension of Value-added Tax preferential policies on the Cultural Promotion Industry; etc. 2018061515 June 2018
China Tax & Investment Express Issue No. 2018022 Notice regarding expanding the preferential Corporate Income Tax policies related to Technology Advanced Service Companies in pilot areas for innovative development of service trade on a nationwide basis; etc. 201806088 June 2018
China Tax & Investment Express Issue No. 2018021 Notice regarding the extension of Land Appreciation Tax policies for company restructuring and reorganization; etc. 201806011 June 2018
Hong Kong Tax alert – 1 June 2018 (2018 Issue No. 12) - financial services | other industries Hong Kong signs comprehensive avoidance of double tax agreement with Finland 201806011 June 2018
China Tax & Investment Express Issue No. 2018020 Matters related to Value-added Tax on imported aircrafts under the leasing arrangement; etc. 2018052525 May 2018
China Tax & Investment Express Issue No. 2018019 Corporate Income Tax policies on deductions for equipment and devices; etc. 2018051818 May 2018
China Tax & Investment Express Issue No. 2018018 Revised Measures on the Applications for Corporate Income Tax Preferential Treatments; etc. 2018051111 May 2018
China Tax & Investment Express Issue No. 2018017 Seven tax preferential treatments to encourage entrepreneurship, innovation and the development of small and micro-sized enterprises; etc. 201805044 May 2018
China Tax & Investment Express Issue No. 2018016 Public Notice regarding the maintenance of documentations related to deduction of asset losses for Corporate Income Tax (CIT) purposes; etc. 2018042727 April 2018
China Tax & Investment Express Issue No. 2018015 Notice regarding the pilot launch of Individual Income Tax deferral commercial pension insurance scheme; etc. 2018042020 April 2018
Hong Kong Tax alert – 8 May 2018 (2018 Issue No. 11) - financial services | other industries Inland Revenue (Amendment) (No. 3) Bill 2018 gazetted 201805088 May 2018
Profit monitoring and management system of multinational corporations launched in Jiangsu Jiangsu Provincial State Tax Bureau developed a set of profit monitoring indicators, based on which it established a profit level monitoring and management system of MNCs. 20180502May 2018
China launches Individual Income Tax deferral on commercial pension in pilot areas This alert provides a summary of the key points and discusses the impacts brought about by Caishui [2018] No. 22. 20180430April 2018
China Tax & Investment Express Issue No. 2018014 Notice regarding the adjustments of Value-added Tax rates; etc. 2018041313 April 2018
Hong Kong Tax alert – 12 April 2018 (2018 Issue No. 10) - financial services | other industries Inland Revenue (Amendment) (No. 2) Bill 2018 gazetted 2018041212 April 2018
China Tax & Investment Express Issue No. 2018013 Corporate Income Tax policies for integrated circuit manufacturing enterprises; etc. 201804044 April 2018
Hong Kong Tax alert – 4 April 2018 (2018 Issue No. 8) - financial services | other industries Hong Kong signs comprehensive avoidance of double tax agreement with India 201804044 April 2018
China Tax & Investment Express Issue No. 2018012 Tax policies for supporting the opening-up of the crude oil futures market; etc. 2018033030 March 2018
Hong Kong Tax alert – 29 March 2018 (2018 Issue No. 8) - financial services | other industries 2017/18 profits tax filing season will commence soon 2018032829 March 2018
Hong Kong Tax alert – 28 March 2018 (2018 Issue No. 7) - financial services | other industries Hong Kong passed legislation extending profits tax exemption to resident, privately-offered open-ended fund companies 2018032828 March 2018
Indirect Tax Alert : GAC Decree No. 237 on “The Measures on the Administration of Enterprise Credit” Measures of the Customs for the Administration of Enterprise Credit 20180326March 2018
Hong Kong Tax alert – 23 March 2018 (2018 Issue No. 6) - financial services | other industries Hong Kong passes legislation for a two-tier profits tax rates regime 2018032323 March 2018
China Tax & Investment Express Issue No. 2018011 Notice regarding promoting the simplification of procedures for tax matters; etc. 2018032323 March 2018
China Tax & Investment Express Issue No. 2018010 Measures of the Customs for the Administration of Enterprise Credit 2018031616 March 2018
China Tax & Investment Express Issue No. 2018009 Deduction of charitable donation for Corporate Income Tax purpose; etc. 201803099 March 2018
China Tax & Investment Express Issue No. 2018008 Certain issues related to the implementation of tax treaties; etc. 201803022 March 2018
Human resource and Tax alert: February 2018 China issues new Circular to allow Hong Kong, Macau and Taiwan residents to participate in housing provident fund 20180228February 2018
Hong Kong 2018-19 Budget The Financial Secretary, Mr. Paul Chan, delivered the 2018-19 budget speech at the Legislative Council today (28 February 2018). Our Budget insights and Tax facts summarize the key proposals contained in the budget and our views thereof. 2019022728 February 2018
China Tax & Investment Express Issue No. 2018007 Issues related to the term “beneficial owner” in tax treaties; etc. 2018021414 February 2018
Hong Kong Tax alert – 14 February 2018 (2018 Issue No. 5) - other industries Hong Kong Proposed Changes to Double Tax Relief on Hong Kong Salaries Tax 2018021414 February 2018
China Tax & Investment Express Issue No. 2018006 Certain matters related to the administration of the registration of general Value-added Tax taxpayers; etc. 201802099 February 2018
China Tax & Investment Express Issue No. 2018005 Provisional Measures on Reporting for Outbound Investments subject to Record Filing/Approval; etc. 201802022 February 2018
China Tax & Investment Express Issue No. 2018004 Public notice regarding issues related to Value-added Tax exemption for small and micro-sized enterprises; etc. 2018012626 January 2018
China Tax & Investment Express Issue No. 2018003 The implementation of policies on withholding tax deferral treatment on direct reinvestment made by foreign investors; etc. 2018011919 January 2018
Hong Kong Tax alert – 15 January 2018 (2018 Issue No. 4) - financial services | other industries Inland Revenue Department (IRD) outlines its views on certain Salaries Tax and treaty-related issues relating to individuals 2018011515 January 2018
China Tax & Investment Express Issue No. 2018002 The improvement of policies related to foreign tax credits for overseas-sourced income; etc. 2018011212 January 2018
Hong Kong Tax alert – 12 January 2018 (2018 Issue No. 3) - financial services | other industries IRD states its views on certain profits tax and stamp duty issues 2018011212 January 2018
GAC Decree No. 236 on "The Interim Administrative Procedure for Customs Advance Ruling" On 26 December 2017, the General Administration of Customs released Decree [2017] No. 236 “The Interim Administrative Procedure for Customs Advance Ruling”, which will come into effect on 1 February 2018. 20180109January 2018
Hong Kong Tax alert – 9 January 2018 - financial services | other industries Whether and when a debt can be considered bad for tax deduction purposes 201801099 January 2018
China Tax & Investment Express Issue No. 2018001 Certain Value-added Tax related policies; etc. 201801055 January 2018
Hong Kong Tax alert – 3 January 2018 (2018 Issue No. 1) - financial services | other industries Hong Kong introduces a two-tier profits tax rates regime 201801033 January 2018
EY supports enterprises’ growth as China enters the Environmental Protection Tax era The Environmental Protection Tax Law of the People’s Republic of China has officially taken effect since 1 January 2018. 201801022 January 2018
International Tax and Transfer Pricing Tax Alert - 2 January 2018 Hong Kong introduces tax and transfer pricing legislation to counter Base Erosion and Profit Shifting 201801022 January 2018
China Tax & Investment News Issue No.2018001 China announces detailed rule on withholding tax deferral treatment on direct reinvestment made by foreign investors 201801022 January 2018
China Tax & Investment Express Issue No. 2017050 Certain matters related to the country-by-country report; etc. 2017122929 December 2017
China Tax & Investment Express Issue No. 2017049 Certain administrative matters related to Value-added Tax normal invoices; etc. 2017122222 December 2017
China Tax & Investment Express Issue No. 2017048 Record filing procedures for construction services subject to Value-added Tax at a simplified calculation method; etc. 2017121515 December 2017
China Tax & Investment Express Issue No. 2017047 Amendments to the provisional Regulations of the People's Republic of China on Value-added Tax"; etc. 201712088 December 2017
China Tax & Investment Express Issue No. 2017046 Issues related to the scope of qualifying research and development expenses eligible for super deduction; etc. 201712011 December 2017
China’s SAT issues China advance pricing arrangement annual report for 2016 This alert summarizes the key points and our observations on China’s APA mechanism and future trend indicated by the 2016 Report. 20171130November 2017
China Tax & Investment Express Issue No. 2017045 Discussion Draft on the “Guidance to Regulate Asset Management Business of Financial Institutions”; etc. 2017112424 November 2017
China Tax & Investment Express Issue No. 2017044 Notice regarding expanding the preferential Corporate Income Tax policies related to Technologically Advanced Service Companies on a nationwide basis; etc. 2017111717 November 2017
China Tax & Investment Express Issue No. 2017043 Administrative Measures for Enterprises' Outbound Investments (Discussion Draft); etc. 2017111010 November 2017
Hong Kong Tax alert – 7 November 2017 (2017 Issue No. 14) - financial services | other industries The IRD clarifies how it will interpret and administer the concessionary tax regime for qualifying aircraft leasing activities 201711077 November 2017
China Tax & Investment Express Issue No. 2017042 Corporate Income Tax withholding issues related to non-resident enterprises; etc. 201711033 November, 2017
China Tax & Investment Express Issue No. 2017041 The Communist Party of China concluded the 19th National Congress; etc. 2017102727 October, 2017
Common issues under tax audit This issue of the Tax Controversy Insight will explore the challenges commonly raised by the Inland Revenue Department when it comes to tax audit. 2017102424 October, 2017
China Tax & Investment Express Issue No. 2017040 Export tax refund/exemption for foreign trade enterprises providing a wide range of export related service; etc. 2017102020 October, 2017
China Tax & Investment Express Issue No. 2017039 Public notice regarding Corporate Income Tax treatments related to the restructuring of enterprises owned by the whole people; etc. 2017101313 October, 2017
China Tax & Investment Express Issue No. 2017038 Notice regarding the preparation for the implementation of the "Environmental Protection Tax Law"; etc. 2017092929 September 2017
China Tax & Investment Express Issue No. 2017037 Matters related to tax reduction/exemption on importation of equipment by foreign investment enterprises engaging in encouraged projects; etc. 2017092222 September 2017
China Tax & Investment Express Issue No. 2017036 Tobacco Tax Law of the People’s Republic of China (Discussion Draft); etc. 2017091515 September 2017
China Tax & Investment Express Issue No. 2017035 Issues related to the application of the "Company Law of the People’s Republic of China" (IV); etc. 201709088 September 2017
China Tax & Investment Express Issue No. 2017034 Guidelines on further guidance and regulation on outbound investments; etc. 201709011 September 2017
Hong Kong Tax alert – 31 August 2017 (2017 Issue No. 13) - financial services | other industries Hong Kong signs comprehensive avoidance of double tax agreement with Saudi Arabia. 2017083131 August 2017
China Tax & Investment Express Issue No. 2017033 Value-added Tax (VAT) issues including the record filing for VAT exemption on cross-border taxable activities; etc. 2017082525 August 2017
China Tax & Investment Express Issue No. 2017032 Vehicle Purchase Tax Law of the People's Republic of China (Discussion Draft); etc. 2017081818 August 2017
China Tax & Investment Express Issue No. 2017031 Value-added Tax administration issues related to bonded delivery of crude oil futures via the Shanghai International Energy Exchange Center; etc. 2017081111 August 2017
China Tax & Investment Express Issue No. 2017030 Decision to revise the Provisional Regulations on Record Filings for the Establishment and Alteration of Foreign Investment Enterprises; etc. 2017080404 August 2017
China Tax & Investment Express Issue No. 2017029 Clarification of issues related to the filling in of "Annual Related Party Transaction Reporting Forms"; etc. 2017072128 July 2017
China Tax & Investment Express Issue No. 2017028 Certain policies related to the Value-added Tax pilot arrangements; etc. 2017072121 July 2017
Public notice regarding the promotion of the integrative customs clearance reform on a nationwide basis On 28 June, the General Administration of Customs released a Public Notice regarding the promotion of the nationwide integrated customs clearance reforms which entered into effect on 1 July 2017. 20170714July 2017
China Tax & Investment Express Issue No. 2017027 Value-added Tax issues related to asset management products; etc. 2017071414 July 2017
China Tax & Investment Express Issue No. 2017026 Issues related to the implementation of Corporate Income Tax preferential policies for High-and-New Technology Enterprises; etc. 2017070707 July 2017
Hong Kong Tax alert – 5 July 2017 (2017 Issue No. 12) - financial services | other industries Legislative proposal to grant profits tax exemption to resident, privately-offered open-ended fund companies. 2017070505 July 2017
China Tax & Investment Express Issue No. 2017025 Agreement on Social Security between the Government of the People‘s Republic of China and the Government of the Swiss Confederation; etc. 2017063030 June 2017
Hong Kong Tax alert – 29 June 2017 (2017 Issue No. 11) - financial services | other industries The case indicates that the manner of structuring a transaction, and how a tax dispute concerning property investment versus trading involving a change of intention is argued, could be a highly complicated matter. 2017062829 June 2017
Hong Kong Tax alert – 28 June 2017 (2017 Issue No. 10) - financial services | other industries A legislative bill was passed to attract aircraft leasing and aircraft leasing management businesses to Hong Kong. 2017062828 June 2017
Hong Kong Tax Controversy Insight - 26 June 2017 (2017 Issue No. 2) In this issue of the Tax Controversy Insight, we will discuss and provide some insights on the typical procedures undertaken by the Inland Revenue Department during a tax audit. 2017062626 June 2017
China Tax & Investment Express Issue No. 2017024 Issues related to the expansion of qualified SMEs eligible for preferential CIT treatments; etc. 2017062323 June 2017
China Tax & Investment Express Issue No. 2017023 Expansion of the scope of qualified small and micro-sized enterprises eligible for preferential Corporate Income Tax treatments; etc. 2017061616 June 2017
Hong Kong Tax alert – 16 June 2017 (2017 Issue No. 9) - financial services | other industries Hong Kong seeks to exchange tax information with other jurisdictions by way of the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. 2017061616 June 2017
China Tax & Investment Express Issue No. 2017022 Corporate Income Tax deduction for advertising and business promotion expenses; etc. 201706099 June 2017
China Tax & Investment Express Issue No. 2017021 Issues related to the issuance of Value-added Tax invoices; etc. 201706022 June 2017
China Tax & Investment Express Issue No. 2017020 Due Diligence of Financial Account Information related to Tax Matters of Non-residents; etc. 2017052626 May 2017
Doing business in Asia-Pacific When expanding operations across Asia-Pacific, careful consideration of key HR payroll and immigration matters at the outset is the most effective way of ensuring the most optimal structure for businesses and employees in new markets. 201704018 May 2017
China CRS alert - Financial institutions should be ready for China Common Reporting Standard (CRS) by 1 July 2017 With the issuance of China CRS, financial institutions in China should be ready to comply with the new due diligence and reporting requirements with respect to financial accounts from 1 July 2017 onwards. 2017052323 May 2017
Hong Kong Tax alert – 22 May 2017 (2017 Issue No. 8) - financial services | other industries Proposed preferential tax regime for offshore aircraft leasing activities extended to cover onshore market. 2017052222 May 2017
China Tax & Investment Express Issue No. 2017019 Key Work Arrangements for Tax Inspections in 2017; etc. 2017051219 May 2017
China Tax & Investment Express Issue No. 2017018 Simplification and unification of Value-added Tax rates; etc. 2017051212 May 2017
China Tax & Investment Express Issue No. 2017017 Guidance on Preferential Tax Policies for Promoting Entrepreneurship and Innovation; etc. 201705055 May 2017
Transfer Pricing Tax Alert - China’s Jiangsu provincial state tax authority updates its compliance plan for international tax administration Following the first release of Compliance Plan for International Tax Administration three years ago, Jiangsu Provincial State Administration of Taxation (JSSAT) released the second edition. 20170505May 2017
China Tax & Investment Express Issue No. 2017016 Certain tax collection and administration issues related to Value-added Tax pilot arrangements; etc. 2017042828 April 2017
China Tax & Investment Express Issue No. 2017015 Memorandum of Understanding on Joint Disciplinary of Enterprises acting in Bad Faith Classified by Customs; etc. 2017042121 April 2017
China Tax & Investment Express Issue No. 2017014 General Plans for the establishment of seven Pilot Free Trade Zones; etc. 2017041313 April 2017
SAT's newly released Bulletin 6 strengthens MAP procedures in advance of peer reviews and enhances alignment of China's transfer pricing rules with OECD standards On 1 April 2017, China's State Administration of Taxation (SAT) issued SAT Bulletin Gonggao [2017] No. 6 ("Bulletin 6"), titled "Supervisory Measures for Special Tax Investigation Adjustments and Mutual Agreement Procedures". Bulletin 6 is effective 1 May 2017. 20170410April 2017
China Tax & Investment Express Issue No. 2017013 Administrative Measures on the Directory of Group Enterprises under the Thousand-Enterprise Program; etc. 201704077 April 2017
China Tax & Investment Express Issue No. 2017012 Administrative Measures for Value-added Tax Refund related to the Purchase of Domestic-manufacturing Equipment by Research and Development Institutions; etc. 201704011 April 2017
Hong Kong Tax alert – 29 March 2017 (2017 Issue No. 7) - financial services | other industries 2016/17 profits tax filing season will soon commence
The tax filing season for the fiscal year ending 31 March 2017 will commence with the IRD’s bulk issuance of the relevant profits tax returns on 3 April 2017.
2017032929 March 2017
China Tax & Investment Express Issue No. 2017011 Amendments to the "Administrative Regulations on the Employment of Foreigners in China"; etc. 2017032424 March 2017
China Tax & Investment Express Issue No. 2017010 Report on the Work of Government (2017); etc. 2017031717 March 2017
Hong Kong Tax alert – 17 March 2017 (2017 Issue No. 6) - financial services | other industries Bill introduced to attract offshore aircraft leasing businesses to Hong Kong
A legislative bill was introduced to attract offshore aircraft leasing and aircraft leasing management businesses to Hong Kong.
2017031717 March 2017
China Tax & Investment Express Issue No. 2017009 Notice regarding administrative measures on import-level tax policies supporting scientific and technological innovation; etc. 2017031010 March 2017
China Tax & Investment Express Issue No. 2017008 Amendment to the Corporate Income Tax Law of the People’s Republic of China; etc. 201703033 March 2017
Hong Kong Tax alert - 3 March 2017 (2017 Issue No. 5) - financial services | other industries DIPN 53 - Tax treatments of regulatory capital securities
IRD states its interpretation of the new law on the tax treatment of regulatory capital securities.
201703013 March 2017
China Tax & Investment News Issue No.2017002 China is ramping up efforts to attract foreign investment - Applicable scope of foreign investment industries eligible for tax incentives in the Central and Western Region further expanded. 201703011 March 2017
China Tax & Investment Express Issue No. 2017007 Regulations on Encouraging the Establishment of Regional Headquarters by Multinational Corporations in Shanghai; etc. 2017022424 February 2017
Hong Kong Tax alert - 23 February 2017 (2017 Issue No. 4) - financial services | other industries Hong Kong signs comprehensive avoidance of double tax agreement with Pakistan. 2017022323 February 2017
Hong Kong 2017-18 Budget The Financial Secretary, Mr Paul Chan, delivered the 2017-18 budget speech at the Legislative Council today (22 February 2017). Our Budget insights and Tax facts summarize the key proposals contained in the budget and our views thereof. 2017012622 February 2017
Hong Kong Tax Controversy Insight - 21 February 2017 (2017 Issue No. 1) This issue provides some insights on the case selection process of the IRD and factors that are likely to trigger a tax audit by the IRD. 2017012621 February 2017
China Tax & Investment Express Issue No. 2017005 Matters related to tax registration for the overseas non-governmental organizations; etc. 2017021010 February 2017
China Tax & Investment Express Issue No. 2017004 Farmland Occupation Tax Law of the People's Republic of China (Discussion Draft); etc. 2017012626 January 2017
Hong Kong Tax alert - 26 January 2017 (2017 Issue No. 3) - financial services | other industries Proposed tax concession for aircraft leasing business
Proposed dedicate tax regime to attract aircraft leasing business to Hong Kong.
2017012626 January 2017
Hong Kong Tax alert - 20 January 2017 (2017 Issue No. 2) - financial services | other industries Hong Kong signs comprehensive avoidance of double tax agreement with Belarus. 2017012020 January 2017
China Tax & Investment Express Issue No. 2017003 Supplementary Value-added Tax policies on asset management products; etc. 2017012020 January 2017
China Tax & Investment Express Issue No. 2017002 Policies related to the clauses pertaining to teachers and researchers in tax treaties; etc. 2017011313 January 2017
China Tax & Investment Express Issue No. 2017001 Certain issues related to Value-added Tax (VAT) collection and administration under the VAT pilot arrangements; etc 201701066 January 2017
China Tax & Investment News Issue No. 2017001 China’s Fifth Tax Law - Environmental Protection Tax Law will take effect from Year 2018 201701055 January 2017
Hong Kong Tax alert - 3 January 2017 (2017 Issue No. 1) - financial services | other industries Court-free amalgamation
Utilization of pre-amalgamation tax losses subject to strict restrictions post amalgamation.
201701033 January 2017
Transfer Pricing Alert - China’s State Administration of Taxation issues official Advance Pricing Agreement Annual Report for 2015 This report follows in the wake of October’s issuance of Bulletin Gonggao [2016] No. 64 (Bulletin on Issues Related to Improving the Administration of Advance Pricing Arrangements). 201612December 2016
China Tax & Investment Express Issue No. 2016050 Environmental Protection Tax Law of the People's Republic of China; etc. 2016123030 December 2016
China Tax & Investment Express Issue No. 2016049 The effectiveness and enforcement of the "PRC-Chile Double Tax Agreement"; etc. 2016122323 December 2016
China Tax & Investment Express Issue No. 2016048 Matters related to Value-added Tax invoices issued by "untraceable enterprises"; etc. 2016121616 December 2016
China Tax & Investment Express Issue No. 2016047 Collection and administration arrangements to optimize tax services for the final stage of the VAT pilot arrangements; etc. 201612099 December 2016
China Consumption Tax Reform Update: Consumption Tax on Luxury Cars Formally Introduced Following the final stage of Value-added Tax pilot reform started from 1 May 2016, the Consumption Tax reform has been introduced and steadily progressed in China. 201612December 2016
China Tax & Investment Express Issue No. 2016046 Issues related to the administration and collection of Land Appreciation Tax upon the final stage of Value-added Tax pilot arrangements; etc. 201612022 December 2016
China Tax & Investment Express Issue No. 2016045 Tax collection and administration issues related to the final stage of Value-added Tax pilot arrangements; etc. 2016112525 November 2016
China Tax & Investment Express Issue No. 2016044 Corporate Income Tax policies related to the deduction for premiums paid for deposit insurance by financial institutions in the banking sector 2016111118 November 2016
China Tax & Investment Express Issue No. 2016043 Standardization of financial statement submissions during tax filings for group enterprises and their group member enterprises under the "Thousand-Enterprise Program"; etc. 2016111111 November 2016
China Tax & Investment Express Issue No. 2016042 Consumption Tax collection and administration matters related to High-end Cosmetic Products; etc. 201611044 November 2016
China Tax & Investment Express Issue No. 2016041 Pilot program on recognizing qualifying enterprises in Special Customs Supervision Zones as general Value-added Tax (VAT) taxpayers; etc. 2016102828 October 2016
CTIN Issue No.2016004 Increased transparency - Non-tax-residents' financial accounts in China will soon be subject to information exchange 2016102828 October 2016
China Tax & Investment Express Issue No. 2016040 Record Filing for Establishment and Alteration of Foreign Investment Enterprises; etc. 2016102121 October 2016
China’s State Administration of Taxation issues new guidance on administration of advance pricing agreements This alert highlights the issuance of Bulletin 64 that evidences a strong commitment by the China’s State Administration of Taxation (SAT) to further develop its advance pricing agreements (APAs) program. 20161020October 2016
China Tax & Investment Express Issue No. 2016039 Notice regarding adjustments on Consumption Tax policies on cosmetics; etc. 2016101414 October 2016
CTIN Issue No.2016003 China enhances preferential income tax policies to encourage entrepreneurship and innovation 2016101111 October 2016
China Tax & Investment Express Issue No. 2016038 Announcement regarding the public opinion consultation on the revised “Catalogue of Priority Industries for Foreign Investments in the Central and Western Regions” 2016093030 September 2016
China Tax & Investment Express Issue No. 2016037 Announcement regarding the effectiveness and enforcement of the Protocol amending the Agreement between the Government of the People's Republic of China and the Government of the Republic of Estonia for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income (SAT Announcement [2016] No. 60) 2016092323 September 2016
Hong Kong Tax alert - 22 September 2016 (2016 Issue No. 14) - financial services | other industries The Inland Revenue Department has recently issued DIPN 52 explaining its interpretation of the new law on the taxation of corporate treasury activity. 2016092222 September 2016
China Tax & Investment Express Issue No. 2016036 Notice regarding the commencement of special inspection on the usage and administration of Value-added Tax (VAT) invoices (Shuizonghan [2016] No. 455) 2016140914 September 2016
China Tax & Investment Express Issue No. 2016035 Decision on the abolishment and modification of certain regulations and regulatory documents (MOFCOM Order [2016] No. 2) . 201609099 September 2016
China’s new transfer pricing compliance requirements: impact on foreign headquarters This alert highlights the aspects of Bulletin 42 that have the most significant impact on the foreign headquarters of multinational groups with operations in China. 20160904September 2016
China Tax & Investment Express Issue No. 2016034 Announcement regarding issues related to tax collection and administration under the Value-Added Tax (VAT) pilot arrangements (SAT Announcement [2016] No. 53) 201609033 September 2016
Setting up a Corporate Treasury Center in Hong Kong Hong Kong is well positioned for corporate groups to centralize their global and regional treasury functions because of its proximity to mainland China, sound common law legal system and etc. 201608August 2016
China Tax & Investment Express Issue No. 2016033 Agreement between the People's Republic of China and Romania for the Elimination of Double Taxation with respect to Taxes on Income and the Prevention of Tax Evasion and Avoidance 2016082626 August 2016
China Tax & Investment Express Issue No. 2016032 Notice regarding policies related to City Construction Tax (CCT) and Education Surcharge (ES) on taxpayers’ provisional Value-added Tax (VAT) not paid locally (Caishui [2016] No.74) 2016081919 August 2016
China Tax & Investment Express Issue No. 2016031  Announcement regarding the effectiveness and enforcement of the Agreement Between the Government of the People's Republic of China and the Government of the Russian Federation for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income ("new PRC-Russia DTA") as well as the Protocol amending the new PRC-Russia DTA (SAT Announcement [2016] No. 48) 2016081212 August 2016
China Tax & Investment Express Issue No. 2016030  Announcement regarding the revised "Administrative Measures of Classification of Enterprises entitled to Export Tax Refund/Exemption" (SAT Announcement [2016] No. 46) 201608055 August 2016
China Tax & Investment Express Issue No. 2016029   Notice regarding the public opinion consultation on the "Regulations on Accounting Treatments related to VAT (Discussion Draft)" (Caibankuai [2016] No. 27) 2016072929 July 2016
China Tax & Investment Express Issue No. 2016028   Notice regarding optimizing the systems and procedures related to the "Certificate of Tax Administration for Business Operation Outside of the Place of Registration" (Shuizongfa [2016] No. 106) 2016072222 July 2016
China Tax & Investment Express Issue No. 2016027  Announcement regarding matters related to the issuance of Certificate of Chinese Fiscal Resident (SAT Announcement [2016] No. 40) 2016071616 July 2016
SAT issues highly significant new rules on related party transactions disclosure and contemporaneous transfer pricing documentation  This transfer pricing alert summarizes the most significant changes to the related party transactions disclosure forms and contemporaneous documentation made by Bulletin 42. For readers’ reference, we also provide our observations with respect to these changes, and our recommendations to taxpayers to address them. 20160701July 2016
China Tax & Investment Express Issue No. 2016026  Notice regarding the revised "Guidelines on High-and-New Technology Enterprise Recognition and Management" (Guokefahuo [2016] No. 195) 201607088 July 2016
China Tax & Investment Express Issue No. 2016025  Announcement regarding the effectiveness and enforcement of the China-Germany Double Tax Agreement (SAT Announcement [2016] No. 37) 2016063030 June 2016
Hong Kong’s OECD BEPS Associate status requires implementation of BEPS minimum standards  As a BEPS Associate, Hong Kong will comply with the BEPS minimum standards encompassing Action 5 (countering harmful tax practices), Action 6 (preventing treaty abuse), Action 13 (transfer pricing documentation) and Action 14 (enhancing dispute resolution). 2016062828 June 2016
China Tax & Investment Express Issue No. 2016001  SAT releases a trial protocol on joint tax inspection conducted by STB and LTB 2016062424 June 2016
China Tax & Investment Express Issue No. 2016024  Notice regarding the "Measures on Joint Tax Inspection Conducted by the State Tax Bureau and Local Tax Bureau (Trial)" (Shuizongfa [2016] No. 84) 2016062424 June 2016
Hong Kong Tax alert - 17 Jun 2016 (2016 Issue No. 13) - financial services  | other industries  A certificate of Hong Kong residence issued by IRD to be generally good for three years
A new administrative arrangement with retrospective effect has been agreed under an exchange of notes on 15 April 2016 between the IRD and the tax authorities of mainland China.
2016061717 June 2016
China Tax & Investment Express Issue No. 2016023  Notice regarding further strengthening the tax risk management (Shuizongfa [2016] No. 54) 2016061616 June 2016
China Tax & Investment Express Issue No. 2016022  Announcement regarding the effectiveness and enforcement of the protocol to the "Agreement between the Government of the People's Republic of China and the Government of the Kingdom of Bahrain for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income" (SAT Announcement [2016] No. 31) 201605278 June 2016
Hong Kong Tax alert - 8 Jun 2016 (2016 Issue No. 12) - financial services  | other industries  DIPN No. 51 “Profits Tax Exemption for Offshore Private Equity Funds”
The Inland Revenue Department recently issued DIPN 51 to explain its interpretation of the new law for tax exemption of private equity funds.
201606028 June 2016
China Tax & Investment Express Issue No. 2016021  Notice regarding the "Administrative Measures of Case Sources for Tax Inspection (Trial)" (Shuizongfa [2016] No. 71) 201605273 June 2016
Hong Kong Tax alert - 2 Jun 2016 (2016 Issue No. 11) - financial services  | other industries  Open-ended fund company
New law passed to allow an open-ended fund company structure in Hong Kong.
201606022 June 2016
China Tax & Investment Express Issue No. 2016020  Notice regarding Q&As for hot topics and the relevant training materials related to the VAT pilot arrangements (Shuizongnabianhan [2016] No. 71) 2016052727 May 2016
Hong Kong Tax alert - 27 May 2016 (2016 Issue No. 10) - financial services  | other industries  Legislative bill to attract corporate treasury centre operations to Hong Kong passed
Hong Kong enacted new legislation for enhancing its attractiveness as a corporate treasury centre to multinational corporations.
2016051927 May 2016
Hong Kong Tax alert - 27 May 2016 (2016 Issue No. 9) - financial services  | other industries  Tax treatments of Basel III compliant regulatory capital securities clarified
Law passed to provide clarity on tax treatment of Basel III compliant regulatory capital securities.
2016051827 May 2016
China Tax & Investment Express Issue No. 2016019  Announcement regarding the "Administrative Measures for Value-added Tax (VAT) Exemption on Cross-border Taxable Activities under VAT Pilot Arrangements (Trial)" (SAT Announcement [2016] No. 29) 2016052020 May 2016
China Tax & Investment Express Issue No. 2016018  Notice regarding further clarifications on policies for the finance industry upon launching the final stage of VAT pilot arrangements 2016051313 May 2016
Hong Kong Tax alert - 13 May 2016 (2016 Issue No. 8) - financial services  | other industries  CIR v Crown Brilliance Limited
IRD successfully challenges the flawed fact-finding process of the board of review in court, but not its decision.
2016051313 May 2016
E-commerce strategy and must-haves in China  In this report, we look at the trends prevalent in China’s e-commerce sector while analyzing the strategies to maximize profit. 20160507May 2016
China Tax & Investment Express Issue No. 2016017  Notice regarding policies on construction fee for cultural undertakings (CFCU) and the relevant collection and administration issues under the Value-added Tax (VAT) pilot arrangements (Caishui [2016] No. 25) 2016050606 May 2016
China Tax & Investment Express Issue No. 2016016  Announcement regarding tax collection and administration matters related to the final stage of Value-added Tax pilot arrangements (SAT Announcement [2016] No. 23) 2016042929 April 2016
China Tax & Investment Express Issue No. 2016015  Announcement regarding extending the filing deadline for tax matters related to export tax refund/exemption in 2016; etc. 2016042222 April 2016
Hong Kong Tax alert - 21 April 2016 (2016 Issue No. 7) - financial services  | other industries  Hong Kong signs comprehensive avoidance of double tax agreement with Latvia. 2016041521 April 2016
China Tax & Investment Express Issue No. 2016014  Several implementation circulars regarding the Value-added Tax (VAT) collection and administration after the launch of the final stage of VAT pilot arrangements 2016041515 April 2016
Hong Kong Tax alert - 15 April 2016 (2016 Issue No. 6) - financial services  | other industries  Poon Cho-ming John v CIR
Payments or benefits received upon termination of employment held taxable.
2016041515 April 2016
Chinese Customs makes major amendments to the "Declaration Requirements for Import/ Export Entry"  We highlight the new requirement from Customs with respect to the related party transaction, potential influence on import price and existence of royalty payments, etc,. 20160401April 2016
China Tax & Investment Express Issue No. 2016013  Protocol and Memorandum of Understanding on the China-Indonesia Double Tax Agreement 201604088 April 2016
China Tax & Investment Express Issue No. 2016012  Notice regarding the final stage of the Value-added Tax (VAT) pilot arrangements (Caishui [2016] No. 36) 201603241 April 2016
Landmark of VAT pilot reform: analysis on the actions to be taken in response to the nationwide VAT reform for all industries  The existing Business Tax will be phased out. We describe some of the key features of the VAT pilot arrangements provided by Caishui [2016] No. 36. 20160329March 2016
Hong Kong Tax alert - 29 March 2016 (2016 Issue No. 5) - financial services  | other industries  2015/16 profits tax filing season will commence soon. 2016032929 March 2016
China Tax & Investment Express Issue No. 2016011  Notice regarding the effectiveness and enforcement of the Fourth Protocol to the Mainland-Hong Kong Double Tax Agreement 2016032424 March 2016
Final wave of the VAT pilot reform is coming, are you ready?  Premier Li Keqiang has announced that the final stage of the VAT pilot reform would start from 1 May 2016. 20160304March 2016
China Tax & Investment Express Issue No. 2016009  Notice regarding the investigation of key tax sources in 2016 (Caishui [2016] No. 24) 2016040411 March 2016
China Tax & Investment Express Issue No. 2016008  Decision on the abolition of the second batch of 152 items subject to administrative approval of local governments designated by the central government (Guofa [2016] No. 9) 201604044 March 2016
China Tax & Investment Express Issue No. 2016007  Notice regarding the “Key Tasks of Taxation Work in 2016” (Shuizongfa [2016] No. 15) 2016022626 February 2016
Hong Kong 2016-17 Budget insights Our Budget insights and Tax facts summarize the key proposals contained in the budget and our views thereof. 2016022424 February 2016
Hong Kong Tax alert - 22 February 2016 (2016 Issue No. 4) - financial services  | other industries  Court of Final Appeal upholds no change of taxpayer intention as regards land site 2016022222 February 2016
China Tax & Investment Express Issue No. 2016006  Notice regarding the revised "Administrative Measures on High-and-New Technology Enterprise Recognition" (Guokefahuo [2016] No. 32) 2016021919 February 2016
Hong Kong Tax alert - 15 February 2016 (2016 Issue No. 3) - financial services  | other industries  New legislative bill introducing an open-ended fund company structure in Hong Kong 2016021515 February 2016
China Tax & Investment Express Issue No. 2016005  Notice regarding the amendments to certain annual Corporate Income Tax (CIT) returns (Type A, 2014 Version) (SAT Announcement [2016] No. 3) 201602055 February 2016
The OECD Common Reporting Standard Get ready!  EY’s CRS tax and advisory professionals can provide a range of technical and delivery support, making use of a suite of CRS tools and accelerators. 20160229February 2016
China Tax & Investment Express Issue No. 2016004  Notice regarding issues related to further strengthening the interim and ex-post supervision on export tax refund/exemption (SAT Announcement [2016] No.1) 2016012929 January 2016
Hong Kong Tax alert - 29 January 2016 (2016 Issue No. 2) - financial services  | other industries  Hong Kong has recently signed a comprehensive avoidance of double taxation agreement with the Russian Federation. 2016012929 January 2016
China’s SAT issues sixth Advance Pricing Arrangement Annual Report  In this transfer pricing alert, we summarize key points and share our observations with regard to the China Advance Pricing Arrangement (APA) Annual Report (2014). 20160130January 2016
Hong Kong Tax alert - 21 January 2016 (2016 Issue No. 1) - financial services  | other industries  Court-free company amalgamations
IRD announces its interim assessing practice pending specific legislation.
2016012121 January 2016
Hong Kong Tax alert - 10 December 2015 (2015 Issue No. 21) - financial services  | other industries  Basel III banking compliant regulatory capital securities
Legislative bill to grant tax deductions for distributions on regulatory capital securities and stamp duty relief for transfers of RCSs introduced.
2015121010 December 2015
Hong Kong Tax alert - 10 December 2015 (2015 Issue No. 20) - financial services  | other industries  Hong Kong introduces a legislative bill for enhancing its attractiveness as a corporate treasury centre to multinational corporations 2015121010 December 2015
Hong Kong Tax alert - 27 November 2015 (2015 Issue No. 19) - financial services  | other industries  Hong Kong signs comprehensive double tax agreement with Romania 2015112727 November 2015
Hong Kong Tax alert - 24 November 2015 (2015 Issue No. 18) - financial services  | other industries  IRD adamant that no concessionary salaries tax treatment is available for benefits-in-kind 2015112424 November 2015
Hong Kong Tax alert - 20 November 2015 (2015 Issue No. 17) - financial services  | other industries  IRD gives guidance on the deductibility of specific provisions relevant to bank loans and the tax characterization of perpetual notes 2015112020 November 2015
Hong Kong Tax alert - 19 November 2015 (2015 Issue No. 16) - financial services  | other industries  IRD indicates it would invoke anti-avoidance provisions to counteract the unjustifiably transfer of tax losses in a court-free amalgamation 2015111919 November 2015
Hong Kong Tax alert - 18 November 2015 (2015 Issue No. 15) - financial services  | other industries  IRD further justifies its stringent approach to issuing certificates of tax residence 2015111818 November 2015
Hong Kong Tax alert - 6 October 2015 (2015 Issue No. 14) All Hong Kong applicants required to produce a certificate of residence for claiming tax treaty benefits in mainland China under Announcement 60 201510066 October 2015
Hong Kong Tax alert - 17 July 2015 (2015 Issue No. 13) - financial services  | other industries  Law enacted to exempt private equity funds 2015071717 July 2015
Hong Kong Tax alert - 25 June 2015 (2015 Issue No. 12) - financial services  | other industries  Bill introduced into Legislative Council seeking to improve the tax appeal process 2015062525 June 2015
Hong Kong Tax alert - 22 June 2015 (2015 Issue No. 11) - financial services  | other industries  HKSAR Government expresses regret at Hong Kong being listed by the European Commission as a non-cooperative tax jurisdiction 2015062222 June 2015
Hong Kong Tax alert - 4 June 2015 (2015 Issue No. 10) - financial services  | other industries  License fees received by a non-Hong Kong resident from a Hong Kong taxpayer in respect of rights to exhibit television programs outside Hong Kong held taxable in Hong Kong 201506044 June 2015
Hong Kong Tax alert - 29 May 2015 (2015 Issue No. 9) - financial services  | other industries  The HKSAR Government has announced the successful offering of a US$1 billion wakalah sukuk 2015052929 May 2015
Hong Kong Tax alert - 4 May 2015 (2015 Issue No. 8) - financial services | other industries Views of stakeholders sought on proposed automatic exchange of financial account information 201505044 May 2015
Hong Kong Tax alert - 13 April 2015 (2015 Issue No. 7) - financial services  | other industries  Hong Kong amends certain terms of its tax arrangement with mainland China
 
2015041313 April 2015
Hong Kong Tax alert - 1 April 2015 (2015 Issue No. 6) - financial services  | other industries  2014/15 profits tax filing season has commenced
 
201504011 April 2015
Hong Kong Tax alert - 31 March 2015 (2015 Issue No. 5) - financial services  | other industries  Inland Revenue (Amendment) Bill 2015 gazetted to extend Profits Tax Exemption for Offshore Funds to Private Equity Funds 2015033131 March 2015
Hong Kong Tax alert - 4 March 2015 (2015 Issue No. 4) - financial services  | other industries  Time limit for a section 70A application may not be as generous as it appears 201503044 March 2015
Hong Kong Tax alert - 27 February 2015 (2015 Issue No. 3) - financial services  | other industries  New application forms for a certificate of residence have greatest impact on entities incorporated or constituted under Hong Kong laws
 
2015022727 February 2015
Hong Kong Tax alert - 27 February 2015 (2015 Issue No. 2) - financial services  | other industries  Hong Kong government committed to resolving tax asymmetry issue on interest deductions for corporate treasury centers and reducing tax rate for specified treasury activities 2015022727 February 2015
Hong Kong 2015-16 Budget The Financial Secretary, Mr John Tsang, delivered the 2015-16 budget speech at the Legislative Council today (25 February 2015). Our Budget insights and Tax facts summarize the key proposals contained in the budget and our views thereof. 20150115
Hong Kong Tax alert - 15 January 2015 (2015 Issue No. 1) - financial services  | other industries  Court of Final Appeal decision in CIR v Aviation Fuel Supply Company 2015011515 January 2015
Hong Kong Tax Alert: 6 November 2014 - financial services  | other industries  Taxation of share awards further clarified. 201411066 November 2014
Hong Kong Tax Alert: 4 November 2014 - financial services  | other industries  Hong Kong joins the drive for the automatic exchange of information. 201411044 November 2014
Hong Kong Tax Alert: 3 November 2014 - financial services  | other industries  Tax deductions for share-based payments further clarified 201411033 November 2014
Hong Kong Tax Alert: 30 October 2014 - financial services  | other industries  Clarifications of source rules for dividend-type income and the interpretation of the provision against trafficking of tax loss companies. 2014103030 October 2014
Hong Kong Tax Alert: 29 October 2014 - financial services  | other industries  Inland Revenue Department to consider whether a taxpayer is eligible for treaty benefits before issuing certificate of tax residence. 2014102929 October 2014
Hong Kong Tax Alert: 28 October 2014 - financial services  | other industries  Hong Kong has recently signed a comprehensive avoidance of double taxation agreement with South Africa. 2014102828 October 2014
Hong Kong Tax Alert: 17 September 2014 - financial services  | other industries  Source of director’s fees - place of business or listing versus place of board meetings of the fee paying company? 2014091717 September 2014
Hong Kong Tax Alert: 16 September 2014 - financial services  | other industries  Court of Appeal rules Sheng Kung Hui Church did not embark on a trade of property development at so early a point of time 2014091616 September 2014
Hong Kong Tax Alert: 11 September 2014 The HKSAR Government today announced the successful offering of a US$1 billion inaugural Islamic bond (sukuk) under the Government Bond Programme. 2014091111 September 2014
Hong Kong Tax Alert: 28 August 2014 Hong Kong and six Nordic jurisdictions sign standalone tax information exchange agreements. 2014082828 August 2014
Hong Kong Tax Alert: 17 July 2014 - financial services  | other industries  Hong Kong has recently signed a comprehensive avoidance of double taxation agreement with Korea. 2014071717 July 2014
Hong Kong Tax Alert: 2 July 2014 - financial services  | other industries  How generous should the time limit for a section 70A application be? 201407022 July 2014
Hong Kong Tax Alert: 16 June 2014 - financial services  | other industries  No refund of tax paid based on accounts falsified by directors. 2014061616 June 2014
Hong Kong Tax Alert: 12 June 2014 - financial services  | other industries  Unfavorable ruling on source of profits does not signal a change in IRD’s practice. 2014061212 June 2014

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