Tag: witholding tax

Haymarket Media shows how the right advisor, regulatory change, and project management can help an SME speed up its China remittances.

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.