Does anybody understand this? I certainly dont. Yesterday I spent some time trying to understand it better and to be honest its not that much clearer to me. What I do understand is that the “public option” is some hybrid quasi-market model rather than...

I was reading a few articles about transfer pricing in China which touched over the idea of “related parties”. These articles appeared to assume that the meaning of  “related parties”  was limited to the usual sense of the word – companies that have...

15 of 27 EU member states voted to end anti-dumping duties on Chinese leather shoes. The EU panel’s decision is seen as good news for Chinese shoe makers. http://english.cctv.com/program/worldwidewatch/20091121/101227.shtml Here was an interesting...

I was having a chat with an old China tax hand recently and he mentioned that the State Administration of Taxation (SAT) doesnt like dealing with accountants as it doesnt regulate them. By way of explanation there are basically three types of...

I have been asked by a few clients and others about the impact of Circular 601. Primarily, the question is will it radically effect how investment is undertaken in China? My answer is that it will be influential, however, more as a tool in an overall...