Tax

China's civil aviation sector looks set to grow considerably in the coming years as tourism expands and amid general economic expansion. The authors take a close look at China's airlines and the prospects for the industry as a whole.

Issued: July 9 2003Effective: July 1 2003Applicability: The Circular applies to all types of domestically invested property development enterprises and…

Most analyses of China's WTO commitments haven't shed much light on how the challenge of implementing the sweeping reforms necessary will be accomplished. Nor, the author argues, do they address the fundamental issue of whether PRC government structure is even up to the task.

Issued: May 19 2003Main contents: The Circular states that special inspections will be carried out on payment of enterprise income tax and business tax…

Issued: May 29 2003Effective: January 1 2003Main contents: The Circular clarifies some issues arising from the implementation of the Several Policy Issues…

Issued: July 9 2003Main contents: The Official Reply clarifies that foreign-invested enterprises that have already enjoyed periodic tax reductions and…

By Vincent Hsieh and Erik Chen, Winkler Partners, TaipeiOn July 10 2003, Taiwan's Legislature passed in special session the long-awaited Real Estate Securitization…

Hong Kong signed the Closer Economic Partnership Arrangement with the mainland in June. What kind of "arrangement" does CEPA call for? And what will change with the new opportunities?

By Jonathan Pan, Llinks Law Office, ShanghaiState-owned shares and legal persons shares in PRC listed companies (collectively, "non-listed shares") have…