China Taxation News of 24 September 2012 reported a new case on share transfer which took place in Nantong metropolis of Jiangsu Province (Haimen local tax bureau). The case is summarized below.
(a) Facts
R is a resident real estate development company and J is a non-resident company engaged in the same business. In the period between March 2008 and June 2012, R acquired in stages all shares o…