Posts Tagged ‘taxation’

Is Tesla Shifting Manufacturing To China?

Elon MuskU.S.-based Tesla is known for crafting and selling automobiles to buyers around the world from their U.S. headquarters, but that …

Tax Man Cometh: Beijing Launches Rules For Online Currency Transactions

Beijing Local Taxation Bureau has published tax collection rules for virtual and online currency transactions, which state that according to whether the individuals can provide income proof or not, they should pay tax at 20% of their profits or 3% of the total value of the transactions.

162 Software Companies Will Enjoy Preferential Tax Policies

China’s State Development and Reform Commission, Ministry of Information Industry, Ministry of Commerce and State Administration of Taxation have jointly released a list of key software enterprises to enjoy preferential taxation.