China–MNE Tax

Asia-Pacific

Trump trade adviser Peter Navarro says tax incentives in Ireland, Singapore, Switzerland, India, China that lure pharmaceutical manufacturing away from US are a “significant” problem: Brian O’Donovan / RTÉ→

August 10, 2020

Asia-Pacific

China adopts integrated circuit, software industry incentives, including income tax exemptions and rate reductions, preferential VAT treatment, import tariff exemptions: China-Briefing→

August 7, 2020

Americas

Indonesia adds Facebook, TicTok, Amazon, Apple subsidiaries to list of foreign digital companies required to collect 10 percent VAT from customers beginning September: Eisya A. Eloksari / The Jakarta Post→

August 7, 2020

Asia-Pacific

China’s new plan for Haina free-trade port includes reduced 15 percent CIT, exemption for foreign-source dividend income: KPMG→

July 7, 2020

Americas

US and lawmakers and officials to propose tax breaks to encourage companies to move operations out of China: Reuters→

May 20, 2020

Asia-Pacific

China temporarily halts interest on late import tax payments for foreign firms operating in special economic zones: Bloomberg Tax→

April 22, 2020

Asia-Pacific

New Zealand–China tax treaty enters into force

December 30, 2019

The New Zealand government has announced that the . . .

Americas

OECD releases reports assessing cross-border tax dispute resolution in seven countries

November 29, 2019

OECD, on November 28, released peer review reports assessing cross-border tax . . .

Americas

OECD’s digital tax plan would raise little revenue for France, Germany, US, and China, French Council of Economic Analysis concludes: Financial Times→

November 19, 2019

Africa

BRICS countries look forward to further progress on two-pillar approach to address digitalization: BRICS Information Centre→

November 18, 2019

Asia-Pacific

China simplifies procedure for claiming tax treaty benefits

November 17, 2019

Agnes Lo, Associate Professor, Lingnan University, Hong Kong and Raymond Wong, Associate Dean, City University of Hong Kong, discuss October 14 China State Taxation guidance that revises the procedures for claiming tax treaty benefits . . .

Walmart avoided US and Chinese taxes using Hong Kong shell company, Chinese joint venture taxed nowhere, former exec says: Max de Haldevang / Quartz→

September 7, 2019

Americas

US to raise existing tariffs on Chinese goods from 25% to 30% from Oct. 1; raise tariffs set for Sept. 1 from 10% to 15% in retaliation for Chinese tarrifs: Jacob Pramuk / CNBC→

August 26, 2019

Americas

China announces new tariffs of 5–10 percent on $75 billion worth of US goods, resumption of auto tariffs: Yum Li / CNBC→

August 23, 2019

Asia-Pacific

China’s planned Shanghai free trade zone to feature 15 percent income tax rate for qualified business: Xinhua→

August 6, 2019

Asia-Pacific

China extends temporary tax break for integrated circuit and software industry: EY→

May 30, 2019

Africa

Switzerland to exchange financial account information with 33 more countries for tax purposes

August 15, 2019

Davide Anghileri of the University of Lausanne discusses an August 14 decision of Switzerland’s Federal Council confirming that Switzerland will exchange financial account information with 33 more reviewed partner countries . . .

Asia-Pacific

Amended India-China tax treaty protocol enters into force

July 19, 2019

An amending protocol to the China-India tax treaty has entered into force according to a July 17 notice of the Indian government, writes Prabhakar KS of Shree Tax Chambers . . .

Asia-Pacific

China APA report shows government’s continued reliance on transactional net margin method

June 18, 2019

Agnes Lo, Associate Professor, Lingnan University, Hong Kong, and Raymond Wong, Associate Dean at City University of Hong Kong, discuss China’s State Taxation Administration’s most recent report on its advance pricing arrangement program . . .

Asia-Pacific

China offers tax break to chip design, software firms: Reuters→

May 23, 2019

Americas

US formally asks the EU to “ditch” digital tax

October 22, 2018

Alan Rhode, co-founder of Taxmen.eu, discusses a US Senate Finance Committee letter, released last week, challenging the EU digital services tax, as well the latest positions of EU countries on the controversial proposal . . .

Americas

China faces US, Hong Kong pressure to relax plan to tax worldwide income of individuals residing 183+ days there: Jane Cai / South China Morning Post→

November 5, 2018

Asia-Pacific

China begins automatic exchange of financial account information to curtail cross-border tax avoidance: Peoples Daily Online→

September 10, 2018

Americas

China to immediately impose tariffs on 128 US products: Damian Paletta / The Washington Post→

April 2, 2018

Asia-Pacific

China to cut company tax and fees, reform VAT, finance minister says: Reuters→

January 22, 2019

Asia-Pacific

China signs first APA for cost sharing agreement: PWC→

March 16, 2017

See: PWC.

Asia-Pacific

Comments released on tax guidance addressing offshore indirect asset transfers

December 6, 2017

18 comment letters – including letters from the governments of India and China — were released today responding to a draft “toolkit” designed to help developing countries address the taxation of offshore indirect transfers of assets, a practice used by some multinational corporations for tax avoidance. The guidance was prepared by “Platform for Collaboration on Tax,” a joint effort of the IMF, UN, OECD, and . . . .

Asia-Pacific

China and Macao sign tax arrangement

September 7, 2016

Officials from China and the Macao Special Administrative Region signed a protocol to their tax arrangement following talks in Beijing. . .

Asia-Pacific

China introduces Circular 88, offering new dividend withholding tax exemption to encourage foreign investment

January 9, 2018

David Dingfa Liu, a partner with FuJae Partners, Shanghai, discusses Circular 88, a tax incentive introduced by the Chinese government on December 21 that allows multinationals to defer withholding tax which would otherwise be imposed on dividends distributed to foreign investors when the dividends are reinvested in China. . . .

Asia-Pacific

China, Romania sign tax treaty

September 7, 2016

The Chinese government has announced that China and Romania have signed a tax treaty in an effort to promote investment between . . .

Africa

BRICS country tax officials express support for “inclusive framework” on BEPS

December 6, 2016

Heads of revenue of the BRICS countries – Brazil, Russia, India, China, and South Africa – at a meeting held December 5–6 in Mumbai, expressed support for measures . . .

Africa

BRICS countries agree to coordinate response to G20 international tax work

July 31, 2017

Tax authorities of the five BRICS nations – Brazil, Russia, India, China and South Africa – agreed to enhance their cooperation on international tax matters during the annual meeting of the heads of the BRICS revenue administrations, held . . .

Americas

China-Chile tax treaty enters into force

November 8, 2016

A tax treaty between China and Chile, signed May 25, 2015, has entered into force, according. . .

Asia-Pacific

China releases report on 2015 advance pricing agreement program: EY→

January 12, 2017

See: EY.

Asia-Pacific

China’s new tax treaty beneficial ownership rules strengthen anti-abuse provisions, expand safe harbors

February 15, 2018

David Dingfa Liu of FuJae Partners, Shanghai, discusses China’s Bulletin 9, released February 6, which interprets the term “beneficial owner” for the purpose of tax treaties . . .

Asia-Pacific

China to draft consumption tax legislation, reduce VAT on manufacturing, transportation: Reuters→

March 26, 2018

Asia-Pacific

China to reduce VAT on natural gas, agricultural items, other products: Bloomberg→

April 20, 2017

Americas

OECD publishes updated transfer pricing profiles for 14 countries

April 9, 2018

The OECD today published transfer pricing profiles for Australia, China, Estonia, France, Georgia, Hungary, India, Israel, Liechtenstein, Norway, Poland, Portugal, Sweden, and Uruguay. The profiles

Asia-Pacific

Companies to begin paying China’s new environmental protection tax in April

March 26, 2018

David Dingfa Liu of FuJae Partners, Shanghai, discusses in detail China’s new environmental protection tax, which will become applicable April 1, noting that the new tax marks a break from China’s less stringent enforcement of environmental protection laws . . .

Emma Hinson Sims on The Pillar One blueprint — the potential future of international taxation and transfer pricing: “HAPPY BIRTHDAY TO A VERY SMART, BEAUTIFUL, YOUNG LADY ON JANUARY 13TH.” January 6 ,2024

David Valdez on US Tax Court resolves Whirlpool tax dispute involving Mexican maquiladora structure: “Greetings Whirlpool Mexico, I’m trying to contact someone involved with the decision making for transportation from all of your Mexican…” October 20 ,2023

Jose Dominguez on The new US international tax rules: what you need to know about GILTI, FDII, BEAT etc.: “Very informative article. Question. Do you have a software to compute these US International Calcs to make them in house?” April 12 ,2023

Ciro César Soriano de Oliveira on Danish High Court rules on beneficial ownership of dividends for tax purposes: “Dear Ms Susi, This article is immensely clarifying. I’d like to know whether Danish Supreme Court has already granted its…” March 24 ,2023

Ciro César Soriano de Oliveira on Danish High Court rules on beneficial ownership of dividends for tax purposes: “Dear Ms. Susi, This article is very clarifying. I wonder whether Danish Supreme Court has already granted its decision referred…” March 24 ,2023

May 19 – 20	Tax Council Policy Institute Conference	Washington, D.C.
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