China, People's Republic of - Corporate - Group taxation
2021-6-25u2002·u2002The CIT law also contains a few tax avoidance rules, such as a thin capitalisation rule (see below), a CFC rule (see below), and general anti-avoidance rules (GAAR) (see the Tax administration section). Thin capitalisation. The CIT law has a thin capitalisation rule disallowing interest expense arising from excessive related-party loans.
Get Price