State Administration of Taxation, Circular on Strengthening the Administration of Enterprise Income Tax on Income Derived from the Transfer of Equity of Non-tax-resident Enterprises
国家税务总局关于加强非居民企业股权转让所得企业所得税管理的通知
SAT cracks down on tax evasion by non-tax-resident enterprises.
Issue: February 2010
CLP Reference: 3230/09.12.10
PRC Reference: 国税函 [2009] 698号
Promulgated: 10 December 2009
Effective: 01 January 2008
Keywords (click to search):
non-tax-resident enterprises
transfer of equity
enterprise income tax
offshore investor
Promulgated: December 10 2009
Effective: January 1 2008
Applicability: For the purposes of this Circular, the term “income derived from the transfer of equity” means the income derived by non-tax-resident enterprises from the transfer of the equity of Chinese tax-resident enterprises (but excluding that derived from the purchase and...
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