Tag: lehman brown

Accountancy firm LehmanBrown briefed the market, and CT, in August, outlining the key points of China’s Circular 642 covering receipts and payments linked to cross-border capital.

China’s Ministry of Finance (MOF) and the State Administration of Taxation (SAT) jointly issued circular Caishui No. 84, "Provisional Measures for the VAT Calculation and Reporting of Pilot Taxpayers with Headquarters and Branches under the Pilot Program” in December last year. In a note published by Lehman Brown this week, the accountancy firm offers advice on what it means.

To ensure you don’t get a stern ticking off from a regulator, CT asked Russell Brown, of accounting firm Lehman Brown, his top tips on successful cross-border payment with China.