China to amend personal income tax law China's top legislature, the Standing Committee of the 10th National People's Congress (NPC) will deliberate on an amendment draft of the law on personal tax income during a six-day session which will begin on August 23.
China to beat illegal MBO by enacting law China is expected to clarify the legal responsibility of those who make State assets lost through management buyouts (MBO) in small and medium-sized State-owned enterprises at low prices.