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.
China, Insolvency & Restructuring, Tax, Hogan Lovells, Limited liability company, Debt, Deed, State-owned enterprise, Subsidiary, Sole proprietorship, Parent company, Right to property