In a reply from the State Administration of Taxation (SAT) of Mainland China to the Hong Kong Government dated 28 June 2011, the SAT clarified the arrangements in relation to tax payable to the Mainland China Government for dividends paid by non-foreign invested Mainland China companies listed in Hong Kong as follows:
Copies of the SAT's letter (in Chinese) and the press release made by the Financial Services and the Treasury Bureau can be downloaded via the link below:
For inquiries related to this Legal Update, please contact the following persons or your usual contacts with our firm.
Jeckle Chiu ( )
Juliana Lee ( )
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