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.

A Global Tax Alert, attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2018-0260

Document ID: 2018-0260