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International Law

: China Briefing Blog

China Releases New Business Tax Rule for Service Contracts

By China Briefing

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By Sabrina Zhang Jan. 22 - China?s State Administration of Tax (SAT) has passed a surprise amendment concerning the calculation of Business Tax (BT) effective January 1st. The new rule changes the BT levying principle and affects all overseas companies contracting labor and services to other companies or people based in China. The former BT rule provides [...]

Full post as published by China Briefing Blog on January 22, 2009 (boomark / email).

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