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We discuss the benefits and tax implications behind intercompany royalty payments in China as a profit repatriation strategy for multinational companies.

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“The need to improve communication between government and Aboriginal communities has been starkly apparent throughout the whole of this Inquiry, and is evident in the example of previous recommendations relating to the Needle Exchange in Redfern. This need is addressed in this report through recommendations strengthening partnership and consultation between government and Aboriginal communities” says the Final Report of Legislative Council Standing Committee on Social Issues on Overcoming Indigenous disadvantage in New South Wales. Below is what the report says about the Redfern needle bus...

China Regulators Remove Restrictions on Insurance Fund Investment China December 11 2020 On November 12, 2020, the China Banking and Insurance Regulatory Commission (“CBIRC”) issued a new rule with regard to removing industry restrictions on financial equity investment by insurance companies. The newly released Notice on Matters Related to Insurance Fund Financial Equity Investment (the “Notice”) took effect on November 12, 2020 and is consistent with the speech made by China Premier Li Keqiang on July 15, 2020, calling for the “cancellation of industry restrictions for insurance fu...