If you are visually impaired or blind, you can visit the PDF version by Pressing CONTROL + ALT + 4
<br /> JUL 2022 – FEB 2023 Tax policy on the enforcement of <br /> pledged properties<br /> DLA Piper Hong Kong New Foreign-Sourced Income Exemption<br /> Regime in effect<br /> Case update on place of residence –<br /> ASIAPAC TAX NEWSLETTER Court emphasized a length of stay to<br /> determine tax residency<br /> Australian Double Tax Treaty<br /> developments and expansion<br /> Frucor and New Zealand’s sudden death<br /> shortfall penalty regime<br /> DLA PIPER HONG KONG<br /> Contents<br /> China<br /> Tax policy on the enforcement of<br /> pledged properties ..................................................................7<br /> China issued policies to ease t<a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 1" href="http://viewer.zmags.com/publication/a0f9fc2b?page=1"> JUL 2022 – FEB 2023 </a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 2" href="http://viewer.zmags.com/publication/a0f9fc2b?page=2"> DLA PIPER HONG KONG Contents China Tax policy</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 3" href="http://viewer.zmags.com/publication/a0f9fc2b?page=3"> DLAPIPER.COM </a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 4" href="http://viewer.zmags.com/publication/a0f9fc2b?page=4"> DLA PIPER HONG KONG Editorial note Welcome to</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 5" href="http://viewer.zmags.com/publication/a0f9fc2b?page=5"> DLAPIPER.COM Australia and New Zealand We bring</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 6" href="http://viewer.zmags.com/publication/a0f9fc2b?page=6"> DLA PIPER HONG KONG China 6</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 7" href="http://viewer.zmags.com/publication/a0f9fc2b?page=7"> DLAPIPER.COM Tax policy on the enforcement of </a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 8" href="http://viewer.zmags.com/publication/a0f9fc2b?page=8"> DLA PIPER HONG KONG China issued policies to e</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 9" href="http://viewer.zmags.com/publication/a0f9fc2b?page=9"> DLAPIPER.COM Hong Kong 9</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 10" href="http://viewer.zmags.com/publication/a0f9fc2b?page=10"> DLA PIPER HONG KONG New Foreign-Sourced Income</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 11" href="http://viewer.zmags.com/publication/a0f9fc2b?page=11"> DLAPIPER.COM Reduced economic substance require</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 12" href="http://viewer.zmags.com/publication/a0f9fc2b?page=12"> DLA PIPER HONG KONG In addition, the “Subject t</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 13" href="http://viewer.zmags.com/publication/a0f9fc2b?page=13"> DLAPIPER.COM Double taxation relief Any foreign</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 14" href="http://viewer.zmags.com/publication/a0f9fc2b?page=14"> DLA PIPER HONG KONG Prosecution case of evadin</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 15" href="http://viewer.zmags.com/publication/a0f9fc2b?page=15"> DLAPIPER.COM Updates on the OECD Pillar Two ru</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 16" href="http://viewer.zmags.com/publication/a0f9fc2b?page=16"> DLA PIPER HONG KONG 2. OECD PUBLISHES REPORT SE</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 17" href="http://viewer.zmags.com/publication/a0f9fc2b?page=17"> DLAPIPER.COM Government starts legislative pro</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 18" href="http://viewer.zmags.com/publication/a0f9fc2b?page=18"> DLA PIPER HONG KONG Case update on tax reserve</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 19" href="http://viewer.zmags.com/publication/a0f9fc2b?page=19"> DLAPIPER.COM </a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 20" href="http://viewer.zmags.com/publication/a0f9fc2b?page=20"> DLA PIPER HONG KONG Case update on Section 45 </a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 21" href="http://viewer.zmags.com/publication/a0f9fc2b?page=21"> DLAPIPER.COM The court considered the amendment</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 22" href="http://viewer.zmags.com/publication/a0f9fc2b?page=22"> DLA PIPER HONG KONG Case update on director’s </a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 23" href="http://viewer.zmags.com/publication/a0f9fc2b?page=23"> DLAPIPER.COM The Commissioner also contended th</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 24" href="http://viewer.zmags.com/publication/a0f9fc2b?page=24"> DLA PIPER HONG KONG Case update on salaries ta</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 25" href="http://viewer.zmags.com/publication/a0f9fc2b?page=25"> DLAPIPER.COM • Despite the fact that the shares</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 26" href="http://viewer.zmags.com/publication/a0f9fc2b?page=26"> DLA PIPER HONG KONG The Inland Revenue (Amendm</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 27" href="http://viewer.zmags.com/publication/a0f9fc2b?page=27"> DLAPIPER.COM Japan</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 28" href="http://viewer.zmags.com/publication/a0f9fc2b?page=28"> DLA PIPER HONG KONG Case update on place of re</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 29" href="http://viewer.zmags.com/publication/a0f9fc2b?page=29"> DLAPIPER.COM 3. Key takeaway This decision by t</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 30" href="http://viewer.zmags.com/publication/a0f9fc2b?page=30"> DLA PIPER HONG KONG Strengthened tax enforceme</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 31" href="http://viewer.zmags.com/publication/a0f9fc2b?page=31"> DLAPIPER.COM </a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 32" href="http://viewer.zmags.com/publication/a0f9fc2b?page=32"> DLA PIPER HONG KONG 2023 Tax Reform Plan – Req</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 33" href="http://viewer.zmags.com/publication/a0f9fc2b?page=33"> DLAPIPER.COM and the sum of the (a) per income </a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 34" href="http://viewer.zmags.com/publication/a0f9fc2b?page=34"> DLA PIPER HONG KONG Australia 34</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 35" href="http://viewer.zmags.com/publication/a0f9fc2b?page=35"> DLAPIPER.COM Australian Double Tax Treaty deve</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 36" href="http://viewer.zmags.com/publication/a0f9fc2b?page=36"> DLA PIPER HONG KONG Overview and application o</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 37" href="http://viewer.zmags.com/publication/a0f9fc2b?page=37"> DLAPIPER.COM Most importantly, as many of the I</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 38" href="http://viewer.zmags.com/publication/a0f9fc2b?page=38"> DLA PIPER HONG KONG Application of general ant</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 39" href="http://viewer.zmags.com/publication/a0f9fc2b?page=39"> DLAPIPER.COM </a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 40" href="http://viewer.zmags.com/publication/a0f9fc2b?page=40"> DLA PIPER HONG KONG Double Tax Treaty recognit</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 41" href="http://viewer.zmags.com/publication/a0f9fc2b?page=41"> DLAPIPER.COM Fiscally transparent vehicles – Ar</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 42" href="http://viewer.zmags.com/publication/a0f9fc2b?page=42"> DLA PIPER HONG KONG • Members of each CCIV sub-</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 43" href="http://viewer.zmags.com/publication/a0f9fc2b?page=43"> DLAPIPER.COM Australian Court decides that pow</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 44" href="http://viewer.zmags.com/publication/a0f9fc2b?page=44"> DLA PIPER HONG KONG Australia’s new measures f</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 45" href="http://viewer.zmags.com/publication/a0f9fc2b?page=45"> DLAPIPER.COM The measures will have application</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 46" href="http://viewer.zmags.com/publication/a0f9fc2b?page=46"> DLA PIPER HONG KONG New Zealand 46</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 47" href="http://viewer.zmags.com/publication/a0f9fc2b?page=47"> DLAPIPER.COM Frucor and New Zealand’s sudden d</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 48" href="http://viewer.zmags.com/publication/a0f9fc2b?page=48"> DLA PIPER HONG KONG Interest payable on the CN </a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 49" href="http://viewer.zmags.com/publication/a0f9fc2b?page=49"> DLAPIPER.COM MAJORITY DECISION ON TAX AVOIDANCE</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 50" href="http://viewer.zmags.com/publication/a0f9fc2b?page=50"> DLA PIPER HONG KONG By way of background, New Z</a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 51" href="http://viewer.zmags.com/publication/a0f9fc2b?page=51"> DLAPIPER.COM Other observations </a> <a title="A16766_Asia_Pacific_Tax_Newsletter_Q4_2022_Magazine_(Final) page 52" href="http://viewer.zmags.com/publication/a0f9fc2b?page=52"> DLA Piper is a global law firm operating through </a>