As of 1 August 2014, new tax regulations have come in to force in China with respect to hire, freight and other related charges.
Since then, a large number of members have contacted the Association seeking further clarification on this new and potentially complex issue.
This bulletin seeks to provide further information in order to allow members a better understanding of the new Chinese regulations and their impact on shipping.
The Association has previously advised on this issue in the member advisory of 18 August 2014.