The U.S. tax bill holds out an incentive for American companies repatriating profits they have made in operations overseas. China has seen large investments by American companies, which is why it might be seriously affected if American companies begin to take advantage of this tax offer. What will the U.S. Tax reform mean to China and to companies operating in China?

• 2018-03-13 | 09:00 - 10:40
• European Chamber Shanghai Office, Unit 2204

The European Chamber is glad to invite you to an introductory seminar on the new dividends withholding tax deferral that will take place on Thursday, 1st February, 9:00-10:30 in the European Chamber Shanghai office.

On 28 December 2017, the Ministry of Finance, the State Administration of Taxation (SAT), the National Development and Reform Commission and the Ministry of Commerce jointly released Cai Shui [2017] No. 88 ("Notice 88"). Notice 88 allows a non-resident enterprise to defer payment of tax on dividends derived from a Chinese enterprise if, among other things, the non-resident enterprise directly reinvests the dividends into industries “encouraged” by the Chinese government.

• 2018-02-01 | 09:00 - 10:30
• European Chamber Shanghai Office