Monday, 13 April 2015

China’s SAT Releases New Bulletin to Strengthen Transfer Pricing Administration on Intragroup Outbound Charges

China’s State Administration of Taxation has released a bulletin that formalizes several previously announced positions for dealing with service fees and royalties paid to overseas related parties. The new measures deny income tax deductions for some service fees and royalties paid by Chinese companies to foreign affiliates.
Source & more info: Deloitte