Doing business in China : a quick tax guide.

"Crowe Howarth"-- Cover.

Includes bibliographical references.

Guide to Chinese citations -- Tax treaties -- withholding tax rates. GENERAL SYSTEM OUTLINE: An overview of China's tax system -- Forms of doing business in China -- Business registration and licensing -- Extent of tax liability -- Tax and accounting year -- Tax rates on income -- Accumulated earnings income -- Taxes on capital -- Local taxes -- Taxes on capital gains -- Calculating trading profits -- Anti-avoidance and revenue protection -- Trading losses -- Treatment of inventory/stock-in-trade -- Depreciation -- Interest deductibility -- Alternative financing instruments -- Dividends received -- Dividends paid -- Reduction of capital -- Repurchase of shares -- Liquidation -- Company groups -- VAT/GST -- Other Chinese taxes -- Special incentives, grants, etc -- Foreign exchange transactions -- Intercompany pricing -- Migration of companies -- Corporate tax filing, payment & penalties -- Advance rulings -- Tax audit -- Typical corporation tax calculation. INBOUND INVESTMENT: Exchange controls -- Trading in China -- Chinese branch -- Chinese administration or liaison office -- Other China source income of non-residents -- China source capital gains of non-residents. OUTBOUND INVESTMENT: Foreign source income -- Foreign source losses -- Foreign branch income -- Foreign branch losses -- Foreign source capital gains -- Controlled foreign companies -- Other foreign rules -- Foreign tax credits/double tax relief.

"Doing Business in China: A Quick Tax Guide provides comprehensive and practical coverage of all the key tax issues for anyone doing business in China, including income tax, VAT, stamp duty and a range of other property and commodity taxes. The Guide succinctly explains tax principles with accompanying legislative references." -- Publisher's information.