On July 22 nd 2010, shareholders of the direct-selling cosmetics giant, Avon Products Inc., sued its board and three former directors for their alleged failure to prevent improper payments in China. The payments which include traveling, entertaining and other expenses allegedly provided to a senior official from the Chinese Ministry of Commerce. In late 1990s, …
Avon Shareholders sue Board over improper payments in China Read More »
On April 30, 2009, the Ministry of Finance and the State Administration of Taxation (the “SAT”) jointly issued the Notice on Certain Issues of Corporate Income Tax Treatment of Enterprise Reorganizations (the “Notice”). The Notice provides corporate income tax treatment of various types of reorganizations including debt restructurings, acquisitions of equity, acquisitions of assets, mergers, …
China Clarifies Tax Rules for Enterprise Reorganizations Read More »
In recent weeks, the Chinese baby-formula manufacturer, Synutra International (“Synutra”), has come under fire due to the allegations that some of its milk-powder products may cause premature sexual development in baby girls. It all starts from a report stating that 3 baby girls in Wuhan, Hubei province who all drink Synutra milk-powder products showed signs …
—— Denied Discrimination on foreign businesses On August 12, 2010, the MOFCOM held a press conference toward anti-monopoly matters. During the meeting, the Chief of the Anti-Monopoly Bureau Shang Ming introduced the implementation of the <Anti-Monopoly Law> after its publication two years ago and answered the questions from both domestic and foreign reporters. Among all …
Embassy of the United States released that the States will hold the Primary Elections during August and September 2010. The dates and places are as followed: August 17, 2010: Washington, Wyoming August 24, 2010: Alaska, Arizona, Florida, Vermont August 28, 2010: Louisiana (1st Party Congressional) ·September 4, 2010: Guam September 11, 2010: Virgin Islands September …
On August 4 2010, with the purpose of reinforcing the administration of network operation, information security and confidentiality, ensuring normal operation of its network, as well as improving working efficiency, the State Administration of Work Safety (thereafter SAWS) issued the Measures of Network Operation and Information Security and Confidentiality. Pursuant to Regulations of Safety Protection …
On October 28th 2009, the Military and Overseas Voter Empowerment Act (“Move Act”) was signed into law by President Obama. The Act contains significant changes in absentee voting procedures in 24 years. Now, each state is required to make blank ballots available by several ways. This is considered as a very important step towards Internet …
MOVE Act Makes Absentee Voting Easier for Overseas Voters Read More »
The Federal Voting Assistance Program (FVAP) opened its 24 hour a day, 7 day a week call center on July 15. The call center makes voting information accessible to voters living in other time zones and ensures that all issues are addressed. Voters can call 1-800-438-VOTE, email vote@fvap.gov or choose the online chat option at …
On July 20th, American Citizen Services (ACS) at the U.S. Embassy in Beijing launched its first Facebook page. This is another convenient and interactive channel to improve the service of ACS for American citizens. Facebook, known as one of the biggest social network system (SNS) websites, gains its worldwide popularity ranging from the young to …
Recently, the Department of State published its Schedule of Fees for Consular Services in the Federal Register, announcing the revise of the consular fees including fees for passports, immigrant visas and other consular services. The revised fees will take effect in 301 overseas consular posts, 23 domestic passport agencies and other centers that provide these …
