China Expands Withholding Tax Exemption for Reinvested Dividend and Profit Distributions
China's State Administration of Taxation has published Notice 102/2018, which provides for the expansion of the withholding tax exemption for reinvested dividend and profit distributions to all non-prohibited foreign investment to encourage inbound investment. The reinvestment exemption was introduced the end of 2017 for encouraged investments only ({News-2018-01-12/A/2-previous coverage}). Th…
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