Fears of multi-billion dollar China ETF CGT bill misplaced

- Aaron Woolner
- 03 Mar 2015

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

A briefing by the Beijing tax authorities last week to resolve outstanding capital gains tax (CGT) led to suggestions that the sector could be facing a multi billion backtax bill, but industry experts say these fears have been overplayed and the net result could be positive for providers.

Along with the launch of the Hong Kong-Shanghai Stock Connect on November 17 last year, Chinese authorities issued circular 79, which gave a CGT exemption for future equity trading but imposed a bill for

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact info@risk.net to find out more.

You are currently unable to copy this content. Please contact info@risk.net to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net