Chinese regulators opted to delay the 3 per cent value-added tax for returns on assets under management until 2018, providing the industry with additional time to adjust. Photo: AP

China establishes 3 pc value added-tax on asset managers, effective Jan 1

Topic |   Capital gains tax

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Chinese regulators opted to delay the 3 per cent value-added tax for returns on assets under management until 2018, providing the industry with additional time to adjust. Photo: AP
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