China tax planning to be impacted by BEPS Action 7 permanent establishment proposals

China tax planning to be impacted by BEPS Action ...

China Tax Alert - Issue 12, June 2015  


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On 15 May 2015 the OECD released, in the context of the G20/OECD Base Erosion and Profit Shifting (BEPS) international tax reform project, a revised discussion draft on the taxation of permanent establishments (PE).  The BEPS PE work in Action Plan Item 7 aims to adjust the definition of PE to prevent the artificial avoidance of PE status, such as through use of commissionaire arrangements or the specific activity exemptions in the PE article. This document examines the discussion draft and its implications for multinational enterprises.

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