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	<title>China Tax Insights &#187; Anti-Avoidance</title>
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	<description>The ramblings of a tax tragic</description>
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		<item>
		<title>Circular 698 used in Jiangsu Province to tax indirect equity transfer</title>
		<link>http://chinataxinsights.com/2010/09/03/circular-698-used-in-jiangsu-province-to-tax-indirect-equity-transfer/</link>
		<comments>http://chinataxinsights.com/2010/09/03/circular-698-used-in-jiangsu-province-to-tax-indirect-equity-transfer/#comments</comments>
		<pubDate>Fri, 03 Sep 2010 09:57:32 +0000</pubDate>
		<dc:creator>Matthew</dc:creator>
				<category><![CDATA[Anti-Avoidance]]></category>
		<category><![CDATA[Enterprise Income Tax]]></category>
		<category><![CDATA[General China Tax]]></category>

		<guid isPermaLink="false">http://chinataxinsights.com/?p=1323</guid>
		<description><![CDATA[On January 2010, a multinational investment group disposed of its shares (100%) in a Hong Kong holding company which held a 49% interest in a Chinese joint venture. The transaction was subsequently investigated by the Jiangdu National Tax Bureau in Jiangsu Province.  As a result of this investigation, the Jiangdu National Tax Bureau concluded [...]]]></description>
		<wfw:commentRss>http://chinataxinsights.com/2010/09/03/circular-698-used-in-jiangsu-province-to-tax-indirect-equity-transfer/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>SAT to Focus on Anti-avoidance</title>
		<link>http://chinataxinsights.com/2010/04/22/sat-to-focus-on-anti-avoidance/</link>
		<comments>http://chinataxinsights.com/2010/04/22/sat-to-focus-on-anti-avoidance/#comments</comments>
		<pubDate>Thu, 22 Apr 2010 09:04:47 +0000</pubDate>
		<dc:creator>Matthew</dc:creator>
				<category><![CDATA[Anti-Avoidance]]></category>
		<category><![CDATA[anti-avoidance investigations]]></category>

		<guid isPermaLink="false">http://chinataxinsights.com/?p=1284</guid>
		<description><![CDATA[In 2009 the State Administration of Taxation (SAT) undertook significant steps in relation to clamping down on anti-avoidance practices. However, taxpayers certainly should expect any lessening of the resolve of China&#8217;s tax authorities. I just came across an article published (in Chinese) on the SAT website that indicates (and confirms what Hwuason has been hearing) [...]]]></description>
		<wfw:commentRss>http://chinataxinsights.com/2010/04/22/sat-to-focus-on-anti-avoidance/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Can a DTA restrict China&#8217;s GAAR?</title>
		<link>http://chinataxinsights.com/2010/04/07/can-a-dta-restrict-chinas-gaar/</link>
		<comments>http://chinataxinsights.com/2010/04/07/can-a-dta-restrict-chinas-gaar/#comments</comments>
		<pubDate>Wed, 07 Apr 2010 06:55:16 +0000</pubDate>
		<dc:creator>Matthew</dc:creator>
				<category><![CDATA[Anti-Avoidance]]></category>
		<category><![CDATA[Enterprise Income Tax]]></category>
		<category><![CDATA[DTA]]></category>
		<category><![CDATA[GAAR]]></category>
		<category><![CDATA[general anti-avoidance rule]]></category>

		<guid isPermaLink="false">http://chinataxinsights.com/?p=1232</guid>
		<description><![CDATA[I recently came across a PWC article on the new protocol to the China-Barbados DTA that indicated DTAs can restrict and preclude the GAAR in China. I have extracted the relevant information below (I reducted information not relevant to the point I am making)



Description /
Income  stream
China-Barbados  DTA


Existing DTA
(effective  since 27 October 2000)
Protocol
(not [...]]]></description>
		<wfw:commentRss>http://chinataxinsights.com/2010/04/07/can-a-dta-restrict-chinas-gaar/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>The M&amp;A fun continues &#8211; Part 1</title>
		<link>http://chinataxinsights.com/2010/02/17/the-ma-fun-continues-part-1/</link>
		<comments>http://chinataxinsights.com/2010/02/17/the-ma-fun-continues-part-1/#comments</comments>
		<pubDate>Wed, 17 Feb 2010 03:31:58 +0000</pubDate>
		<dc:creator>Matthew</dc:creator>
				<category><![CDATA[Anti-Avoidance]]></category>
		<category><![CDATA[Enterprise Income Tax]]></category>
		<category><![CDATA[M&A tax rules]]></category>

		<guid isPermaLink="false">http://chinataxinsights.com/?p=1021</guid>
		<description><![CDATA[As I mentioned a week or so ago, the SAT has prepared a draft of new detailed M&#38;A rules. These have not been issued yet, but Hwuason managed to get  a copy of the draft. I will outline some of the more salient points over two separate posts:
Reasonable business purpose
The draft rules provide further details [...]]]></description>
		<wfw:commentRss>http://chinataxinsights.com/2010/02/17/the-ma-fun-continues-part-1/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Stop Presses &#8230; new M&amp;A tax rules to be issued</title>
		<link>http://chinataxinsights.com/2010/02/04/stop-presses-new-ma-tax-rules-to-be-issued/</link>
		<comments>http://chinataxinsights.com/2010/02/04/stop-presses-new-ma-tax-rules-to-be-issued/#comments</comments>
		<pubDate>Thu, 04 Feb 2010 05:09:37 +0000</pubDate>
		<dc:creator>Matthew</dc:creator>
				<category><![CDATA[Anti-Avoidance]]></category>
		<category><![CDATA[Enterprise Income Tax]]></category>
		<category><![CDATA[M&A tax rules]]></category>

		<guid isPermaLink="false">http://chinataxinsights.com/?p=984</guid>
		<description><![CDATA[I have just got my hands on a copy of new draft M&#38;A procedural tax rules that should be released in the very near future. The copy I have has not been formally released at this stage so it may be subject to some changes, although this is doubtful. I havent had a chance to [...]]]></description>
		<wfw:commentRss>http://chinataxinsights.com/2010/02/04/stop-presses-new-ma-tax-rules-to-be-issued/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>China Tax Compliance Nightmares (Part 1).</title>
		<link>http://chinataxinsights.com/2010/01/29/china-tax-scenarios-the-problem-areas/</link>
		<comments>http://chinataxinsights.com/2010/01/29/china-tax-scenarios-the-problem-areas/#comments</comments>
		<pubDate>Fri, 29 Jan 2010 09:25:00 +0000</pubDate>
		<dc:creator>Matthew</dc:creator>
				<category><![CDATA[Anti-Avoidance]]></category>
		<category><![CDATA[Enterprise Income Tax]]></category>
		<category><![CDATA[Transfer Pricing]]></category>
		<category><![CDATA[Compliance Nightmare Series]]></category>

		<guid isPermaLink="false">http://chinataxinsights.com/?p=925</guid>
		<description><![CDATA[This is the first post in a series on some of the more common tax problems that I have seen in my time in working in China. A lot of these problems were, at one stage, not problems. But the changing tax environment has meant that many such arrangements are now outdated. Others were always [...]]]></description>
		<wfw:commentRss>http://chinataxinsights.com/2010/01/29/china-tax-scenarios-the-problem-areas/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Further developments in China&#8217;s thin capitalisation rules</title>
		<link>http://chinataxinsights.com/2010/01/21/further-developments-in-chinas-thin-capitalisation-rules/</link>
		<comments>http://chinataxinsights.com/2010/01/21/further-developments-in-chinas-thin-capitalisation-rules/#comments</comments>
		<pubDate>Thu, 21 Jan 2010 01:43:09 +0000</pubDate>
		<dc:creator>Matthew</dc:creator>
				<category><![CDATA[Anti-Avoidance]]></category>
		<category><![CDATA[Enterprise Income Tax]]></category>
		<category><![CDATA[deductibility of loans]]></category>
		<category><![CDATA[shareholder loans]]></category>
		<category><![CDATA[thin capitalisation]]></category>

		<guid isPermaLink="false">http://chinataxinsights.com/?p=818</guid>
		<description><![CDATA[With the commencement of the Enterprise Income Tax Law in 2008, China introduced thin capitalisation rules into its tax regime for the first time. For a fairly detailed examination of the rules up until December 2009 you can review an article I wrote on the rules here. The most important regulation in this area is [...]]]></description>
		<wfw:commentRss>http://chinataxinsights.com/2010/01/21/further-developments-in-chinas-thin-capitalisation-rules/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Are we there yet? &#8211; Part 1</title>
		<link>http://chinataxinsights.com/2010/01/19/are-we-there-yet-part-1/</link>
		<comments>http://chinataxinsights.com/2010/01/19/are-we-there-yet-part-1/#comments</comments>
		<pubDate>Tue, 19 Jan 2010 06:15:07 +0000</pubDate>
		<dc:creator>Matthew</dc:creator>
				<category><![CDATA[Anti-Avoidance]]></category>
		<category><![CDATA[Enterprise Income Tax]]></category>
		<category><![CDATA[General China Tax]]></category>
		<category><![CDATA[Are we there yet]]></category>
		<category><![CDATA[china sourced income]]></category>
		<category><![CDATA[permanent establishment]]></category>
		<category><![CDATA[representative office]]></category>
		<category><![CDATA[resident company]]></category>
		<category><![CDATA[WFOE]]></category>

		<guid isPermaLink="false">http://chinataxinsights.com/?p=784</guid>
		<description><![CDATA[2009 was a watershed year for tax in China. Whilst the Enterprise Income Tax Law (EITL) was introduced in 2008, it was 2009 in which the details of the new regime were revealed. And, as the saying goes, the devil is in the detail. 2009 saw a raft of measures and circulars issued by the [...]]]></description>
		<wfw:commentRss>http://chinataxinsights.com/2010/01/19/are-we-there-yet-part-1/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Non-legal perspective on the China tax storm</title>
		<link>http://chinataxinsights.com/2010/01/15/non-legal-perspective-on-the-china-tax-storm/</link>
		<comments>http://chinataxinsights.com/2010/01/15/non-legal-perspective-on-the-china-tax-storm/#comments</comments>
		<pubDate>Fri, 15 Jan 2010 08:09:15 +0000</pubDate>
		<dc:creator>Matthew</dc:creator>
				<category><![CDATA[Anti-Avoidance]]></category>
		<category><![CDATA[Enterprise Income Tax]]></category>
		<category><![CDATA[General China Tax]]></category>
		<category><![CDATA[china tax storm]]></category>

		<guid isPermaLink="false">http://chinataxinsights.com/?p=807</guid>
		<description><![CDATA[Richard Meyer over at Compliance Week has done a fairly good job at discussing the increased focus on tax in China. Its a good, well-researched article that avoids the sensationalism one normally sees in such pieces. I think the following statement is particularly apt:
Tax compliance is the most tangible example right now. China’s long history [...]]]></description>
		<wfw:commentRss>http://chinataxinsights.com/2010/01/15/non-legal-perspective-on-the-china-tax-storm/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Vaguely Precise</title>
		<link>http://chinataxinsights.com/2010/01/05/vaguely-precise/</link>
		<comments>http://chinataxinsights.com/2010/01/05/vaguely-precise/#comments</comments>
		<pubDate>Tue, 05 Jan 2010 15:05:44 +0000</pubDate>
		<dc:creator>Matthew</dc:creator>
				<category><![CDATA[Anti-Avoidance]]></category>
		<category><![CDATA[Enterprise Income Tax]]></category>
		<category><![CDATA[circular 698]]></category>
		<category><![CDATA[reasonable business purpose]]></category>

		<guid isPermaLink="false">http://chinataxinsights.com/?p=664</guid>
		<description><![CDATA[This is a post that will attempt to tie a few (possibly completely unrelated although I think not) thoughts I have been having over the past few weeks (possibly years). It became apparent to me today that these thoughts, well at least I think, are somewhat interrelated &#8230; so here we go.
In the past few [...]]]></description>
		<wfw:commentRss>http://chinataxinsights.com/2010/01/05/vaguely-precise/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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