Tag: dividends

It’s not just socialism that has Chinese characteristics. Tax laws, too, have their own very Chinese set of peculiarities and pitfalls. CT presents a primer on avoiding common tax traps.

Under certain Sino-foreign tax treaties, the withholding tax rate for dividends can be reduced from 10% to 5%, providing foreign companies can prove their beneficial ownership status to the Chinese taxman. Jeremy Ngai, a tax partner at PwC (pictured), explains how.

Mahendran Kappupial, FD of GAB, on Heineken’s takeover of Tiger Beer, and how to contain Malaysian customs and excise.