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China: Regulations on Resource Tax Revised
Posted: December 22nd, 2011, 8:00pm MSK
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Taxation - Effective on November 1, 2011, China's revised Tentative Regulations on Resource Tax noticeably raised the resource tax levied on the exploitation of crude oil and natural gas in China. The Regulations were revised by State Council ... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. -
China: New Rules on Foreign Direct Investment with Renminbi
Posted: December 22nd, 2011, 8:00pm MSK
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Foreign investment - Foreign investors, including those from Hong Kong, Taiwan, and Macao, are now officially allowed to make direct investments in mainland China with offshore renminbi (RMB, Chinese yuan) funds. Although a pilot program of RMB settlement for ... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide.