logo
Bookmark  |  En  |  中文
header
Home  About us  Services  Press  Careers  Resources  Contact us
header
Press
Home > Press
Case Analysis: Revenue Analysis in China’s Home Decoration Industry 2009-12-14
Beijing XXX Decoration Company is a private company incorporated in 1997 with a registered capital of 5 million Yuan and Qualification Level 2 for Decoration and Innovation. The total number of its de…
Case Analysis: Tax Evasion Case Involving by an Industrial Corporation Opening Two Bank Accounts 2009-12-14
Issued by:  Local Taxation Bureau, Shandong Province   I. Source of Case and Pre-Investigation Analysis   In May 2003, our office was transferred a case by the Tax Inspection B…
Case Analysis: Shenzhen Xinde Mechanical & Electrical Corporation 2009-12-07
Shenzhen Xinde Mechanical & Electrical Corporation is a private company, a general VAT taxpayer, business scope: mechanical and electrical tools. It was found, on an annual inspection of GVT Statu…
Ten Criminal Cases Involving Invoice Forgery 2009-11-30
1. Zhejiang Police successfully destroy invoice forgery networks According to an investigation of the public security bureaus of Hangzhou, Huzhou and Shaoxing city, Zhejiang Province, criminals based…
China Tax Case: T City GH Department Store Co., Ltd., Tax Case 2009-11-27
I.   Basic Facts   A.  Basic situations of the company:   GH Department Store Co., Ltd. is a small-scale company taxpayer, which is under the jurisdiction of the district …
China Tax Case: Tax Evasion of RT Chemical Co., Ltd 2009-11-27
I. FACTS;   RT Chemical Co, Ltd (hereinafter referred as “RT”), established in Y City, Shandong Province in September, 2002, is an ordinary value-added tax payer, with a registered capital of R…
China Clarifies Taxation of Directors Fees 2009-09-18
The State Administration of Taxation (SAT) recently released the Circular on Clarifying Several Policy Implementation Issues of Individual Income Tax.  One major issue discussed was the taxation …
Year-end Bonuses to be Taxed at Lower Rates 2009-09-18
China’s State Administration of Taxation (SAT) has announced that it will begin taxing year-end bonuses at a lower rate reflecting their one-time status.  The SAT made this clarification after th…
Lehman Tax & Accounting Advises Mexico Supplier in Acquisition of Delphi China 2009-09-09
Lehman Tax & Accounting represented Katcon Global in the acquisition of the exhaust system assets of Delphi China.   Katcon Global closed its purchase of Delphi's catalytic converter and …
China Issues New Environmental Regulations for the Evaluation of New Projects 2009-08-24
On Friday, China’s State Council issued new regulations to enforce environmental evaluations on new projects in an effort to prevent pollution or ecological destruction starting from the beginning of …
64% of Bribery Scandals in China Involve Foreign Companies 2009-08-21
This week, China Daily reported that in the past decade, China has investigated 500,000 suspected corruption cases.  Of this number, a staggering 64 percent involved international trade and forei…
China Enacts New Controls Over Banks’ Derivatives Business 2009-08-06
On Wednesday, China’s banking regulators stated that China will now tighten rules on domestic banks' derivatives operations.  The China Banking Regulatory Commission (CBRC) stated that China’s ba…
China Banking Regulator to Tighten Working Capital Rules 2009-08-03
BEIJING – The China Banking Regulatory Commission (CBRC) issued a statement yesterday saying that it would now implement rules to strengthen its controls over loans made by banks for corporate working…
Lehman Tax & Accounting Comments on New Shanghai Policy Aimed at Simplifying Foreign Investment Procedures 2009-07-24
The Shanghai government has announced plans to give district-level authorities the power to clear foreign investment projects with an investment of up to $100 million starting from August 1.  Pre…
State Administration of Foreign Exchange Loosens Curbs on Investing Abroad 2009-07-16
China's State Administration of Foreign Exchange (SAFE) yesterday significantly loosened curbs on overseas direct investment in order to encourage outbound investment by qualified local companies.&nbs…
People’s Bank of China Outlines the Role of China’s Banks in Administering the Pilot Program of RMB Settlement for Cross-border Trade 2009-07-15
The People’s Bank of China (PBOC) recently issued answers to questions submitted to it regarding the Administrative Measures for the Pilot Operation of RMB Settlement for Cross-border Trade.  Und…
People’s Bank of China Issues Answers to Questions Regarding the Administrative Measures for the Pilot Operation of RMB Settlement for Cross-border Trade 2009-07-15
The People’s Bank of China (PBOC) recently issued answers to questions submitted to it regarding the Administrative Measures for the Pilot Operation of RMB Settlement for Cross-border Trade.  Und…
Shanghai Weathers the Global Economic Crisis 2009-07-14
Shanghai Daily has reported that current economic statistics show that Shanghai is well on its way to full recover from the global economic crisis.  In the second quarter, the city delivered a mu…
China Launches Pilot Program for Trade Settlements in Yuan 2009-07-07
Only July 6, 2008 China officially began a pilot project to allow companies settle trade in the yuan, which is seen as an essential step towards enhancing the status of the Chinese currency and shorin…
China Lowers It’s Import Duties While the US Contemplates Raising Its Duties 2009-07-07
On June 30, 2009, The Ministry of Commerce announced that China will terminate the imposition of anti-dumping duties on newsprint paper from United States, Canada and Korea.  In 1999, China began…
China Financial Information Deal Creates Independent Regulator, Resolving a Trade Dispute with the US, EU, and Canada 2008-11-14
This week, China announced that it will create an independent regulator by June 2009 for providers of financial information.  The announcement resolves a long standing trade dispute with the Unit…
China reduces VAT tax burden on firms 2008-11-11
Xinhua reported that the government has announced that the value-added tax (VAT) for all industries will be cut from January 1 to reduce the tax burden on companies by more than 120 billion yuan ($17.…
IMF Reports that China’s Economy Should Remain Relatively Robust 2008-11-04
The International Monetary Fund reported on Monday that China's economy will slow but should remain relatively strong and help to support the rest of Asia.  The report predicted an otherwise diff…
New Law Adopted to Protect State Assets 2008-10-31
China’s legislature approved on Tuesday a law to safeguard the country's 30 trillion yuan ($4.4 trillion) worth of State assets.  Following years of debate and repeated revisions by the National …
Chinese Legislator Calls For Better Enforcement Of Pollution Law 2008-10-29
Chen Zhili, vice chairperson of the Standing Committee of the National People's Congress (NPC) and a senior Chinese legislator has called for reforms to improve enforcement of the law requiring enviro…

         [Total Page 2 , current page 1]  
go to:  GO
COPYRIGHT LEHMAN