05 February 2018 China issues implementation rules on withholding tax deferral treatment on direct reinvestment China's State Administration of Taxation (SAT) released SAT Public Notice [2018] No. 3 (PN 3) on January 2, to clarify the implementation details of the withholding tax deferral treatment on direct reinvestment that is provided under Circular 88. PN 3 is retroactively effective as of January 1, 2017. Document ID: 2018-0260 |