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    Environmental Protection Tax Law takes effect

    China’s Environmental Protection Tax Law took effect on Jan. 1, 2018, with the State Council detailing rules for its enforcement in an effort to better protect the environment and cut pollutant discharge. Pollutant discharge The introduction of the Tax marks an end to the “pollutant discharge fee” which China had...
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    Internet the focus of revised Law Against Unfair Competition

    As reported by The Supreme People’s Court, legal professionals have welcomed revisions to China’s Law Against Unfair Competition that aim to tackle the growing number of lawsuits related to the Internet and smartphone apps. Law Against Unfair Competition The Law Against Unfair Competition of The People’s Republic of China first...
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    China financial regulators outlaw Initial Coin Offerings (ICOs)

    Seven (7) financial regulators in China issued a joint statement this week officially banning all Initial Coin Offerings (ICOs) within the People’s Republic of China (PRC). The statement further demands that the proceeds from all past ICOs be refunded to investors or face being “severely punished according to the law.”...

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