Global Equity Services Newsletter October 2019.
Legal News & Analysis - Asia Pacific - Regulatory & Compliance
8 November, 2019
The Global Equity Services "Clients & Friends Newsletter" addresses the latest developments related to the constantly evolving global patchwork of laws and regulations governing equity awards and other forms of incentive compensation around the world. This is the October 2019 edition.
In this issue:
- Jen Kirk Returns to Baker McKenzie
- GREAT (Global Regulatory Equity Tool) Is Coming
- IPO Readiness Brochure
Please click here for the full report.
|China Extends Preferential Tax Treatment for Equity Income to Non-PRC Tax Residents|
Pursuant to Bulletin 35 published on March 14, 2019, the Ministry of Finance and the State Taxation Administration extended preferential tax treatment to equity compensation income realized by non-PRC tax residents, effective January 1, 2019. Previously, uncertainty existed regarding whether preferential tax treatment was available to non-PRC tax residents on income derived from equity compensation awards.
For further information, please contact:
Narendra Acharya, Partner, Baker & McKenzie