BEIJING China is responding to Washington s tax overhaul by offering foreign companies a break on Chinese taxes in a bid to retain investment. The measure announced late Thursday is Beijing s first major reaction to the U.S. decision to cut corporate tax rates. It follows a flurry of promises by .The newly approved tax incentives in the United States could appeal to companies that are frustrated by China s rising labor costs, ambitious local competitors and tangled legal American taxpayers, in large part, would also get cuts, though most of the changes affecting them would expire after ..China is responding to Washington s tax overhaul by offering foreign companies a break on Chinese taxes in a bid to retain investment. The measure Thank youYou are on the list. This article appeared in the South China Morning Post print edition as Beijing counters US tax cut in bid to keep investors .China is offering a tax break to foreign companies to try and persuade them to remain in the country after the GOP tax plan created new incentives to bring more businesses to the U.S .
Related posts to China offers tax breaks to counter US tax cuts
China is responding to Washington's tax overhaul by offering foreign companies a break on Chinese taxes in a bid to retain investment..
Senate Republicans has passed a sweeping overhaul of the US tax code in more than years, bringing President Donald Trump closer to scoring his first major .
Mins Ago. LONDON, Feb Taxi service Uber, battling to retain its licence to operate in the British capital, said on Friday it would introduce new safety features .
Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News.