When a parent company receives dividends from a subsidiary, the accounting and tax treatment often don't match. This is especially relevant for groups where an overseas parent — such as an Italian shareholder — holds a subsidiary in China. Here is a plain language breakdow...

In July 2026, the State Taxation Administration issued Announcement No. 13 of 2026, introducing new rules for the application of special tax treatment to enterprise mergers and divisions. The new rules apply to restructurings with an effective date on or after 1 January ...

In 2026, China's export tax enforcement landscape has undergone a fundamental shift. Regulatory focus has moved beyond merely cracking down on tax refund fraud to demanding answers to a deeper question: "What is the true commercial logic behind this export?" Driven by big da...