Beijing Tax Bureau to levy 10% tax on QFII investors, with no deductions for losses

Inward investors have expressed concern about proposals that China will levy a 10% capital gains tax on profits earned by foreign investors, with no opportunity to deduct for losses. While some tax advisers welcomed the clarity, some funds may struggle to pay the higher-than-expected tax bills on gains earned over five years between 2009 and 2014

4 minute readMarch 18, 2015 at 10:48 AM
By
clpstaff
& clp articles

This article originally appeared in International Tax Review, a sister publication of China Law & Practice



The Asset Management Association of China (AMAC), a mutual fund regulatory agency, and the Beijing Municipal

A Subscription is Required to Access this Content

Subscribe to China Law & Practice today for:

  • ✓ A database of 3000+ essential documents, including key PRC laws translated into English
  • ✓ Newsletters with business-critical and sector-specific updates
  • ✓ Premium mobile access with timely analysis on China's fast-changing market

Already a Subscriber? Log In. Sign In Now

Questions? Contact us at [email protected] | 1-855-808-4530 (Americas) | 44(0) 800 098 386009 (UK & Europe)