Tag Archives: chinese

Brexit Deal and European Commissioner’s Offensive Remarks

The EU Commission is increasingly taking an illiberal and antagonistic attitude to democratic changes and the world in general. Although deplorable they do set an outline for a possible Brexit deal. For example, the European Commissioner for the Digital Economy … Continue reading

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EU Imposes Steel Tariffs on China

The EU has provisionally imposed extra trade tariffs on Chinese steel, up to 22.6% on hot-rolled and up to 73.7% for heavy plate steel. The extra import duty and tax is based on EU claims of dumping. Chinese contests this, … Continue reading

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A Great Victory: FMX Food Merchants v HMRC TC/2011/4985, 29/Nov/13

Following my win of a £1/2 million customs duty case for garlic importer FMX Food Merchants against HMRC in November, I have had several enquiries about this area of tax. Essentially, the Tax Tribunal held, following my submissions, that there … Continue reading

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Chinese Tax Revenues up by 9%

News is that Chinese tax revenues were up 9% in the first nine months of this year. This was mainly due to big rises in property tax receipts but VAT and personal tax takes rose too, tax fans. Eamon McNicholas … Continue reading

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Chinese Free Trade Zone in Shanghai vs City Regulation

The new Chinese free trade zone (FTZ) being rolled-out in Shanghai has controlled re-regulation at its core. This includes tax incentives, such as payment of tax by instalments. At the same time the regulation in the City of London makes … Continue reading

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Chinese Bank Holidays

This site is helpful for information of chinese holidays: http://www.travelchinaguide.com/essential/public-holiday.htm Eamon McNicholas Tax Barrister, Accountant http://www.EamonMcNicholas.com  

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VAT in China

Here’s an outline of the chinese VAT system: http://www.china.org.cn/english/LivinginChina/202770.htm Eamon McNicholas Tax Barrister, Accountant http://www.EamonMcNicholas.com  

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