New rules target post-lockup bonus shares and scrap a 15% default cost deduction to ensure payment of capital gains tax
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China has tightened tax rules on the sale of restricted shares, closing loopholes that allowed corporate insiders to underpay a 20% personal income tax on capital gains.
Chinese tax residents have to pay 20% on the net profit earned from stock trades made during the calendar year
A 90-day grace period allows wealthy individuals to settle back taxes, as multilayered structures and foreign passports will no…
Chinese mainland authorities have levied a 20% personal income tax on Hong Kong policy dividends and prepaid premium interest in…
Regulator tightens rules on shell companies, stock sale taxes and e-commerce platforms to curb regional competition for…
The policy, introduced in 1994 to lure foreign capital, had remained in place despite earlier signals it would be removed.…
Regulator penalizes mutual fund firms for helping institutions exploit dividend tax exemptions
