China (People's Rep.)/Hong Kong - A Comparative Study of the General Anti-Avoidance Rules of Mainland China and Hong Kong – Legislation, Interpretation and Application

In this article, the author discusses the interpretation and application of general anti-avoidance rules (GAARs) in Mainland China and Hong Kong. In particular, the author argues that GAARs in Mainland China are effective in countering tax avoidance, but that this is not so in the case of Hong Kong.