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Individual Income Tax Treatment for Stock Compensation Schemes in China
The Chinese State Administration of Tax has released a circular clarifying PRC Individual Income Tax treatment for income generated from share appreciation rights.
WFOE Branches: Differences in Tax Registrations
WFOE branches may have the same scope of business as the parent, however there are differences in the registration procedures for branches.
Vietnam Raises Minimum Tax on Imported Cars
The General Customs Department of Vietnam has set higher minimum taxable prices for more than 600 models of imported cars, following allegations that local importers were under-invoicing to avoid higher taxes.
Export Tax Rebates in China Up 8.6%
Export tax rebates increased by 8.6 percent in the first eight months of the year, according to China
China Tightens Royalty Payments via Double Tax Treaty Residency
The State Administration of Tax moved last week to clarify the treatment of royalties under the nation’s double tax treaties.
China Banking Regulatory Commission Tightens Lending Policy
The China Banking Regulatory Commission is issuing guidelines effective from next month that slow down or even prevent banks from making new loans, in efforts to curb the excessive growth in consumer credit.
Indian FDI Law May be Revised to Block Investment in Sensitive Sectors
The National Security Council has submitted a secret report suggesting revisions on the current FDI guidelines to allow the government to stop foreign mergers or takeovers of Indian companies that are considered damaging to national interest.
India Looks to Enact Direct Selling Legislation
Recent reports indicate that India is set to beef up its direct selling legislation in order to further support and develop the industry.