-
Enterprise Compliance Series | Legal Compliance Risk Prevention of China's Export to Russia to the United States under the Russia-Ukraine conflict
2022 03/18Author:Zhang YiDue to the recent Russia-Ukraine conflict, the United States and other western countries have increased sanctions against Russia. After being subject to export control and economic embargo by the United States and other western countries, Russia is bound to choose to increase cooperation with other countries. The US government has frequently threatened to impose severe penalties on China if it continues to provide relevant products to Russia and fails to comply with its so-called economic sanctions against Russia. Against this background, it can be predicted that China's economic and trade exchanges with Russia will also likely be greatly affected. This article analyzes the current laws related to export controls in the United States against Russia, in order to maximize the prevention of legal compliance risks in future trade transactions between Chinese enterprises and Russian related entities. -
Who bears the responsibility for the death of Yan Yalun's crew members who fell into a valley?
2022 03/17Author:Peng MeiyangIn the early morning of March 12, Yan Yalun sent a long article in response to the death accident of the crew members of his new drama "Chu Yong" who fell into a valley, shelling the producer "Doumani" and asking for a reasonable explanation and a correct attitude. Netizens who follow the film and television industry will find that many film and television dramas often encounter various legal issues during the process of preparation, shooting, and distribution, such as Jin Dong's crew's disclosure of a default in the remuneration of the cast members, the plot of "Haoyi Xing" being recruited by enthusiastic fans Reuters, bad institutions posing as "Super Prince" crew members to recruit actors, and the crew of "Red Cliff" suffered casualties, among others, to name a few. Typically, the crew will make one or more statements to set the stage straight. So, what kind of unit is the crew? What is the relationship between the production team and the investment producer of the film and television series? If there is a dispute or accident, who bears the responsibility? -
Is it feasible for cultural and entertainment professionals to invest in the Hainan Free Trade Zone to reduce their tax burden?
2022 03/16Author:Jia MengmengWith the coming into force of the "Announcement of the Ministry of Finance and the State Administration of Taxation on the Administration of the Collection of Individual Income Tax on Income from Equity Investment and Operation" (Announcement No. 41 of the Ministry of Finance and the State Administration of Taxation in 2021), various regions have gradually implemented policies for the collection of accounts of individual proprietorship enterprises, making the practice of high income groups in the cultural and entertainment field relying on registration for independence and achieving the goal of reducing tax burden through the verification of collection policies completely become history. At the same time, it can be seen from the exposure of tax evasion by many employees such as Weiya and Deng Lun who used fictitious businesses to convert personal labor remuneration into corporate income and falsely declare it, that the country is determined to thoroughly rectify the tax related issues in the field of cultural and entertainment. This can not help but make relevant practitioners begin to ponder how to reduce tax burden in a compliant manner. The Hainan Free Trade Zone, with relatively large tax preferential policies, has become the consideration and aspiration of high-income people. So, is it feasible for cultural and entertainment practitioners to invest in the Hainan Free Trade Zone? How should they achieve tax compliance? -
Practical points and suggestions for adding a shareholder of a one-person company as the person to be executed
2022 03/15Author:GUO Jinhui 、Dai WeisiArticle 20 of the Provisions on Several Issues Concerning the Alteration and Addition of Parties in Civil Enforcement (hereinafter referred to as the "Alteration and Addition Provisions") issued by the Supreme People's Court (hereinafter referred to as the "Supreme Court") on August 29, 2016 stipulates: "If the property of a one-person limited liability company that is the subject of enforcement is insufficient to meet the obligations specified in the effective legal documents, and the shareholder cannot prove that the company's property is independent of his or her own property, the people's court shall support the application by the executor for changing or adding the shareholder as the subject of enforcement, and assuming joint and several liability for the company's debts." According to the above provisions, it is possible for creditors to apply for the addition of shareholders of a one person limited liability company (hereinafter referred to as "one person company") as the person to be executed during the execution process. -
What should the payee enterprise do after receiving a tax document requesting "transfer out of input and make up tax"?
2022 03/10Author:Jia MengmengWith the technical support of tax big data, the state has made greater efforts and breadth in investigating and handling tax violations than ever before. "For transactions that have been completed many years ago, the ticketing party's enterprise was suddenly subject to tax inspections, and it is also inevitable that it was panicked and at a loss.". -
Looking at 2022 Tax Events from the Government Work Report
2022 03/09Author:Jia MengmengOn March 5, Premier Li Keqiang of the State Council issued a "Report on the Work of the Government", clarifying the overall requirements and policy orientations for economic and social development in 2022, which released a lot of tax related information. Here, we join readers in adopting a government work report and looking forward to fiscal and tax policies in 2022. -
Is "On Earth" hero Zhou Bingkun's negligence leading to death justifiable defense?
2022 03/07Author:Feng WeiSince its opening in 2022, the big drama "The World" has achieved record ratings, leading the multi-platform popularity rankings, and has also received rave reviews. As a time series that showcases the tremendous changes in family and society since the 1970s, it reflects the vicissitudes and ups and downs of human life from multiple perspectives, directions, and levels. It also provides sufficient discussion topics and emotional resonance, attracting audiences of all ages. -
Bankruptcy Liquidation Topic 1: Can the court accept bankruptcy liquidation applications solely because the debtor cannot pay off due debts?
2022 03/04Author:Zhao LiIf the debtor is unable to pay off its due debts, can the creditor directly apply to the people's court for bankruptcy liquidation of the debtor for this reason? What other conditions must the debtor meet before the people's court can accept the bankruptcy liquidation application, thereby declaring the debtor bankrupt and entering the liquidation process? This article answers the above questions through a case of the Supreme People's Court, and attempts to interpret the bankruptcy cause system for readers' reference. -
Solving one of the enforcement challenges - how to enforce the property under the spouse's name of the person subjected to enforcement?
2022 03/02Author:Yu Jiang ,Ren ZhenjiangThe Fourth Plenary Session of the 19th Central Committee of the Communist Party of China proposed to "improve the legal guarantee system for social fairness and justice", "ensure judicial fairness, efficiency, and authority, and strive to make the people feel fairness and justice in every judicial case.". Fairness and justice are not only reflected in the making of fair judgments, but also in the effective implementation of judgments. This is the inherent requirement and vivid embodiment of justice for the people.