News in Brief - Caproasia Online

Covering capital markets, investments & private wealth in Asia. Who are the next billionaires? When is the next IPO? Which are the fastest growing cities? Which company is going bankrupt?

Join 14,000+ leading financial professionals, investment managers, professional investors and CEOs. Get the latest data, information, research and many more



China Asset Managers to Face a New 3 per cent Value Added Tax 

China’s asset managers will face a 3% value added tax (VAT) for returns on assets under management from 1st January 2018 according to a joint notice from the Ministry of Finance and State Administration of Taxation on Friday.

“China is amongst the first countries in the world to have a VAT applied broadly to the finance industry.”

China is amongst the first countries in the world to have a VAT applied broadly to the finance industry, including the transfer, issuance and redemption of financial products.

News Source: South China Morning Post 





Caproasia.com is the leading financial media platform covering capital markets, investments and private wealth in Asia. Driving $25 trillion of assets in Asia.

Join 14,000+ leading financial professionals and professional investors in Asia. Receive exclusive Caproasia newsletter here. Managing $20 million to $300 million? Register here: Financial Professionals
. Stay ahead of your peers & competition.

Register: Professional Investors | CEOs & Entrepreneurs


For press release, email to press@caproasia.com
For editorial, media kit, listing on TFC, events, seminars or research & data services, email to mail@caproasia.com