200911.21
0

The Promulgation of New Merger-Control Regulations (Ref. Anti-Monopoly Law)

The Ministry of Commerce (“MOFCOM”) issued the Measures for the Reporting of Concentrations of Business Operators (“Reporting Measures”) on November 21, 2009 and Measures for the Review of Concentrations of Business Operators (“Review Measures”) on November 24, 2009. Both of the regulations related to Anti-Monopoly Law will take effect on January 1, 2010. The Reporting…

200911.03
0

Notice on Interpretation and Determination of The Concept of “Beneficial Owner” for The Application of Tax Treaties

The State Administration of Taxation issued the “Notice on Interpretation and Determination of Beneficial Owner under Tax Treaties” (the “Notice”). The Notice intends to regulate the acts of foreign companies preventing them from taking advantage of the “double taxation arrangements” signed by China. The following are the main contents of the Notice: 1. According to…