Global Trade Alert
Global Trade Alert

China: Deferral of withholding tax for foreign investors

Announcement

28 Dec 2017

December 28, 2017 - The Chinese government announced that profits distributed from Chinese enterprises to foreign investors would be eligible for deferral on 10% of the withholding tax on said profits.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

1 in force

Implementation date

01 Jan 2017

Revocation date:

No revocation date

FDI: Financial incentive In force

On the 28th of December 2017, four Chinese ministries* announced that they would be retroactively implementing a policy first announced in August of the same year (see related state act), whereby prof...

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