State Administration of Taxation, Enterprise Tax Treatment Issues Concerning Foreign-invested Enterprises in which the Proportion of Foreign Investor Contribution is Less Than 25% Circular
国家税务总局关于外国投资者出资比例低于25%的外商投资企业税务处理问题的通知
June 02, 2003 | BY
clpstaff &clp articlesIssued: April 18 2003Main contents: The Circular clarifies that unless the State Council specially provided otherwise the applicable taxation system and…
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Issued: April 18 2003
Main contents: The Circular clarifies that unless the State Council specially provided otherwise the applicable taxation system and tax registration of enterprises with less than 25% foreign contribution should follow those of domestic enterprises and such enterprises shall not enjoy tax treatment as foreign-invested enterprises.
Related legislation: Issues Relevant to Strengthening the Administration of the Examination, Approval, Registration, Foreign Exchange Issues and Taxation of Foreign-invested Enterprises Circular, Dec 30 2003, CLP 2003 No.1 p57