• China Revises Profit Repatriation Regulations
  The Chinese Government has issued a notice concerning tax clearance for remitting payments abroad on service items. This will take effect from September 1, 2013, says Nair & Co.’s International Tax team.
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• China Revises Profit Repatriation Regulations
  The Chinese Government has issued a notice concerning tax clearance for remitting payments abroad on service items. This will take effect from September 1, 2013, says Nair & Co.’s International Tax team.
  in Public bookmarks with advisory business china compliance global in international optimization pr press profit regulations release repatriation revises services strategies tax by 3 users
• China simplifies Taxation of Secondment Employment
  The Chinese Government’s State Administration of Taxation (SAT) issued Announcement 19, which clarifies the situation under which cross-border secondments of expatriate employees by multi-national companies (MNC) in China creates a taxable situation.
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• China Strengthens Data Privacy Laws
  The Chinese government has recently passed a resolution intensifying data privacy laws in the country. These regulations contain significant and comprehensive requirements relevant to the collection and processing of electronic personal information.
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• China Strengthens Data Privacy Laws
  The Chinese government has recently passed a resolution intensifying data privacy laws in the country. These regulations contain significant and comprehensive requirements relevant to the collection and processing of electronic personal information.
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• China to ease Company Set Up Norms and Requirements
  The Chinese government is likely to approve reforms related to its corporate laws in an effort to decrease the hassles involved in setting up a new business, reports Nair & Co.’s International Business Expansion Team.
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• China to Increase Taxation of State Owned Enterprises
  The Chinese government’s recent approval to reform the system of income distribution will affect the taxation of state-owned organizations and the business of property speculation.
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• China’s Draft Labour Dispatch Provisions
  The Chinese government recently issued draft regulations relating to provisions of Labour Dispatch. Public comments were sought till the first week of September, says Nair & Co.’s International HR Services Team.
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• Chinese Delegation Visits IEEE Computer Society Office
  A delegation of Chinese computing professionals visited the IEEE Computer Society's Southern California office this week to learn more about computer-related professional education, certificate, and certification programs.
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• Chinese Government Extends the VAT Nationally: International Tax Advisory Team
  China’s State Council has recently announced that the Value Added Tax (VAT) pilot program will be implemented nationwide from August 1, 2013. The pilot program is currently in force only in a few cities and provinces.
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• CORRECTING and REPLACING China’s New Foreign Exchange Rules for Share Plans
  In the case of Mastek Ltd., India’s Income Tax Appellate Tribunal (ITAT) held that Mastek’s (the taxpayer) UK subsidiary was not undertaking merely marketing activities and should be classified as a distributor. (sted In the case of Mastek Ltd., India’s Income Tax Appellate Tribunal (ITAT) upheld that Mastek’s (the taxpayer) UK subsidiary was not undertaking merely distributing activities and should be classified as a marketing service provider.
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• Protocol Amending the Double Taxation Agreement between UK and China
  In an expected move, the Protocol to the Double Taxation Agreement between the UK and China recently entered into force on 13 December 2013, reports Nair & Co.’s International Tax Team.
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• Trip and Tour packages to China | echutti
  Avail the Cheap and Best China tour packages.
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• VAT Updates: China, Czech Republic, Romania, Portugal
  China’s pilot scheme for VAT which is intended to replace the current business tax in Shanghai is likely to be extended to Beijing in July, Czech Republic confirms the treatment of local reverse charge where both the supplier and the customer are VAT payers.Portuguese government raises VAT and Excise Duty in the autonomous region of Madeira effective from April 1, 2012.
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