{"id":17532,"date":"2010-09-03T06:59:05","date_gmt":"2010-09-03T10:59:05","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=17532"},"modified":"2010-09-03T06:59:05","modified_gmt":"2010-09-03T10:59:05","slug":"taxes-drive-rising-cost-of-business-in-china","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2010\/taxes-drive-rising-cost-of-business-in-china.html","title":{"rendered":"Taxes drive rising cost of business in China"},"content":{"rendered":"<p>Opalesque Industry Update \u2013 The Chinese government\u2019s renewed efforts to collect taxes has fund managers saying this could lead to rising cost in doing business in the region, particularly for global fund managers running international portfolios for mainland institutions.<\/p>\n<p>Many fund executives from Singapore and Hong Kong said Beijing has required them\u00a0to pay business and income taxes if their firms are classified as a \u201cpermanent establishment,\u201d reported Asian Investor. The managers said it is the first time Chinese tax authorities have asked them to pay said taxes.<\/p>\n<p><strong><a href=\"http:\/\/www.opalesque.com\/IndustryUpdates\/1046\/Taxes_drive_rising_cost_of_business_in_China104.html\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Opalesque Industry Update \u2013 The Chinese government\u2019s renewed efforts to collect taxes has fund managers saying this could lead to rising cost in doing business in the region, particularly for global fund managers running international portfolios for mainland institutions. Many [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-17532","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/17532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=17532"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/17532\/revisions"}],"predecessor-version":[{"id":17533,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/17532\/revisions\/17533"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=17532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=17532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=17532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}