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Library 2006 @ LehmanBrown.com
Issue 6
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Top earners to report tax directly
Issue 5
Revision to the Chinese VAT Export Refund
Sep 2006
Issue4
"Zhong Qiu Kuai Le" ---- Happy Mid Autumn Festival !!!!
The Moon festival (also called the Mooncake or Mid-Autumn festival) falls on October 6 in the year 2006. What is the Moon festival? Every year on the fifteenth day of the eighth month of the lunar calendar, when the moon is at its maximum brightness for the entire year, the Chinese celebrate "zhong qiu jie." Children are told the story of the moon fairy living in a crystal palace, who comes out to dance on the moon's shadowed surface. The legend surrounding the "lady living in the moon" dates back to ancient times¡¡
Aug 2006
Issue3
Gov't to slash export tax rebates
July 2006
Issue2
China Moves Again to Cool Overheated Property Sector
Housing prices in China have surprised almost everyone by surging since 2000, despite the government¡¯s efforts to cool them down, the property developers' expectation for steady growth and the experts' fear of a bubble burst. The nation's investment in real estate increased at an annual rate of more than 20 per cent for five consecutive years starting from 2000. Although the growth rate has dropped in 2005, it was still at 19.8 per cent.
May 2006
Issue1
Q & A: consumption tax adjustments
Please note: The above newsletters are for general information purpose only. Chinese regulations are rapidly changing and further advice should be sought before any action is taken.