China Tax Alert - Issue 1, January 2015
On 2 December 2014 the Chinese State Administration of Taxation (SAT) released the General Anti-Avoidance Rule (GAAR) Measures following an earlier public consultation. These measures define the ambit of tax avoidance schemes and set out in detail the tax authority procedures to be followed for GAAR case selection, examination and conclusion. This document summarises the measures and their implications for taxpayers and multinational enterprises.
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