New deed tax policies favor certain enterprises in corporate reorganization and restructuring

On December 29, 2008, the State Administration for Taxation (SAT) and the Ministry of Finance (MOF) jointly promulgated the Circular on Several Deed Tax Policies Concerning Enterprise Reorganization and Restructuring, (Cai Shui (2008) 175, Circular 175). Circular 175 took effect on January 1, 2009, and will be effective through December 31, 2011.  

Filed under:
China, Insolvency & Restructuring, Tax, Hogan Lovells, Limited liability company, Debt, Deed, State-owned enterprise, Subsidiary, Sole proprietorship, Parent company, Right to property
Authors:
Kitty Zhang , Roy Zou
Location:
China
Firm:
Hogan Lovells