The New Foreign Investment Law
发布人 Nina Wang 2019年07月16日
Nina Wang
n response to international criticism about China’s openness to foreign businesses and an attempt to attract more foreign investors to expand their businesses to China, the National People’s Congress passed the Foreign Investment Law of the People’s Republic of China (Foreign Investment Law) on March 15 2019, which will come into force on January 1, 2020. This newly-approved law will replace the existing legislation regulating foreign investment, including the Law on the Sino-Foreign Equity Joint Venture, Law on the Sino-Foreign Cooperative Joint Venture and Law on Wholly Foreign-owned Enterprise (commonly referred to “the Foreign-Invested Enterprise (FIE) Laws”). The new Foreign …
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Impacts of the New China IIT Law
发布人 Nina Wang 2019年01月17日
While this is by no means all of the provisions of the new IIT Law, it does provide an overview of what are some of the most widely impactful elements of the new tax reform.
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China Released Tax-Reduction Measures
发布人 Nina Wang 2019年01月16日
In the past few months, China’s Ministry of Finance (MOF), State Administration of Taxation (SAT), and other governmental agencies released various new “Circulars” to the current Chinese corporate tax law. Most of these tax reduction measures took effect January 1, 2018 in order to support entrepreneurship, innovation, and the development of both high technology enterprises and small and mid-sized entities (SMEs).
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IRS Issues New Field Audit Guidance for Transfer Pricing
发布人 Alex Martin 2018年09月25日
Companies that proactively prepare transfer pricing documentation reduce the risk of the IRS of adjustments.
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6 Common Misconceptions About the R&E Tax Credit Mean Too Many Companies Are Leaving Money On the Table
发布人 Clayton & Mckervey 2018年07月02日
Clayton & McKervey, a certified public accounting and business advisory firm helping closely held businesses compete in the global marketplace, recommends that businesses reconsider the Research & Experimentation (R&E) tax credit as a tool to strategically improve their bottom line.
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Tax Reform: A Common Sense Approach
发布人 Clayton & Mckervey 2018年03月27日
Shareholder Margaret Amsden presented A Common Sense Approach to Tax Reform during C&M’s March 22 CFO Roundtable. This event was one of many presentations …
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IRS Announces End To Offshore Voluntary Disclosure Program
发布人 Clayton & Mckervey 2018年03月27日
The IRS has announced an end to its Offshore Voluntary Disclosure Program (OVDP). The program has been in place since 2014. US taxpayers with undisclosed …
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Misconceptions About the Research & Experimentation Tax Credit
发布人 Sarah Russell 和 Timothy Finerty 2018年03月22日
Development efforts only need to be new to you to qualify.
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Pre-transaction Tax Structuring Considerations for the Closely-held Business
发布人 Margaret Amsden 和 Ben Smith 2018年03月13日
There are alternatives to a S Corporation which may provide more flexibility and accessibility to investors.
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Michigan Unclaimed Property: What is it, and the New Reporting Requirements
发布人 Margaret Amsden 2018年01月29日
Historically, businesses have been required to report unclaimed property to the Michigan Department of Treasury, Unclaimed Property Division. Recently, this filing has been expanded to …
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