Company News

The China tax bureau has become increasingly demanding over provisions of transfer pricing documentation from companies currently undergoing audit in China for the 2009 annual period.

The Indian government has simplified some foreign direct investment policies that affect investment coming into the country. These are largely to be welcomed.

The Ministry of Finance is considering levying a social security tax in an effort to narrow the wide gap in income distribution.

To help manage the qualification of general taxpayers status for the payment of value-added taxes, the Chinese State Administration of Taxation recently issued a new management approach effective March 20, 2010.