A discussion on China Tax by professionals from China's first specialist tax law firm
Posted by admin on January 4, 2010 under Hwuason News, Transfer Pricing | 
Be the First to Comment
Hwuason will be holding a transfer pricing seminar on 21 January 2009 in our offices in Jianwai SOHO. This seminar will look at transfer pricing compliance after a year of the new transfer pricing rules.
A copy of the invitation is attached here.
Posted by admin on December 17, 2009 under Transfer Pricing | Be the First to Comment
Hwuason will be holding an English seminar on the transfer pricing regime on 21 January 2010. Our transfer pricing specialists will provide their thoughts on the new requirements based on their experiences in the past 12 months. First 15 registrants receive a free copy of Hwuason’s book Practice and Cases of Transfer Pricing in China (Chinese language). Registrations can be made via email at china(at)hwuason(dot)com.
More information about the seminar can be found at the following link – January Tax Seminar – Navigating China’s Transfer Pricing Rules.
Posted by Zhang Yushuang on December 13, 2009 under Transfer Pricing | Be the First to Comment
A five-year case involving China’s first use of information exchange to confirm related-party transactions and succeed in tax adjustments has recently been finalised in Xiamen. The anti-avoidance investigation adjusted the taxpayer’s taxable income by 28.07 million yuan, and back taxes 2.93 million yuan.
Exchange of information refers to China and competent authorities of other countries exchanging information with respect to taxpayers who have financial interests in both countries. Since 1985, China’s tax authorities has signed information exchange agreements with over 90 countries or regions and achieved fruitful results. With internationalization of the tax base and greater complexity in transactions, the difficulty in collecting valid information, examining tax evasion and taking effective measures has been increasing, and as a result information exchange is becoming a weapon against cross-border tax avoidance and tax evasion.
Posted by Zhang Yushuang on December 8, 2009 under Transfer Pricing | Be the First to Comment
China and Denmark have signed the first China-Europe Bilateral Advance Pricing Agreement (APA).
It is the first APA signed between China and Denmark after the successful conclusion of the Sino-Japan, Sino-US and Sino-Korea APAs. APAs have started to exert considerable influence in solving cross-border tax disputes and avoiding international double taxation. APAs can be useful in promoting business relationships between two countries.
Posted by Li Wei on December 3, 2009 under Corporate Tax Planning, Transfer Pricing | Be the First to Comment
The above links will take you to Hwuason’s newsletters for November 2009 detaling various China tax issues.
Since the firm’s establishment we have often blogged on our Chinese language blogs. We now intend to bring such discussions to the English language community.
