Issued: November 18 2000
Effective: January 1 2000
Main contents: The Circular states that as of January 1 2000 foreign enterprises that derive interest, rent, royalties or other income from China and do not have a presence in China or, if they have an establishment, the above mentioned income does not have a direct connection with such establishment may have their enterprise income tax reduced to 10%.
State Administration of Taxation, Question on Reducing the Income Tax on Interest and Other Income of Foreign Enterprises Derived from Within China Circular
国务院关于外国企业来源于我国境内的利息等所得减征所得税问题的通知
Issued: November 18 2000Effective: January 1 2000Main contents: The Circular states that as of January 1 2000 foreign enterprises that derive interest,…
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