Company News
China Getting Aggressive Over Transfer Pricing Documentation
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.
Highlights: India
The Indian government has simplified some foreign direct investment policies that affect investment coming into the country. These are largely to be welcomed.
China Considering Introducing Social Security Tax
The Ministry of Finance is considering levying a social security tax in an effort to narrow the wide gap in income distribution.
New Regulations for VAT General Taxpayers in China
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.
Indian Government to Ease FDI Approval Process
The Indian government is considering relaxing norms for foreign direct investment to require that only projects worth about US$217 million to US$326 million will need final approval from the Cabinet Committee on Economic Affairs (CCEA).
Maximizing Import Duty Exemptions in Vietnam
Foreign investors in Vietnam may need to import components of their business not be readily available in the local market.
SAT Clarifies Implementation Issues for Corporate Income Tax
On February 22, the State Administration of Taxation published Circular 79 in an effort to clarify certain technical issues for corporate income tax purposes including the timing of income recognition, tax treatments for certain expenses, and the determination of tax basis for fixed assets.
New Issue of India Briefing Magazine: Setting Up in India
In the new issue of India Briefing, we take a look at setting up liaison offices, project offices, Branch offices and private limited companies in India.
New Issue of China Briefing Magazine: Operational Due Diligence in China
The new issue of China Briefing take a looks due diligence issues in China, delving into operational, financial and HR concerns, as well as examining what transfer pricing documentation is required by companies involved in transfer pricing.
New Registration Rules for Foreign-Invested Partnership Enterprises in China
The State Administration of Industry and Commerce (SAIC) has released a new order on the registration of foreign-invested partnership enterprises effective March 1, 2010.