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Kinnaree

01/29/16 12:20 PM

#45272 RE: IPO$ #45268

Meaning all business made outside China is tax free?
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jetpilot1

01/29/16 12:31 PM

#45275 RE: IPO$ #45268

No it's subject to tax accordingly to local tax rules where the income is derived then will follow the bilateral tax treaties between the countries where the income flows, is made, and how and if it is ultimately repatriated - one thing for sure, the cpa of qtmm just quadrupled his work load