State Administration of Taxation, How Provisions on Crediting Purchase of Domestic Equipment against Enterprise Income Tax can be Applied to Foreign-invested Enterprises whose Total Investment Amount is not Approved Official Reply

国家税务总局关于对不核准投资总额的外商投资企业如何适用购买国产设备抵免企业所得税规定的批复

May 02, 2004 | BY

clpstaff &clp articles

The new Regulations opened the advertising market in China to greater foreign participation, and provides a legal guide for gaining more substantial control over their China operations.

Clp Reference: 3210/04.04.13 Promulgated: 2004-04-13

Issued: April 13 2004

Main contents: In the case of foreign-invested enterprises whose total investment amount is not approved, the total investment amount of the enterprise can be inferred from the ratio between the enterprise registered capital and the total investment amount in accordance with the State Administration for Industry and Commerce, Sino-foreign Equity Joint Ventures Ratio of Registered Capital to Total Investment Tentative Provisions.
Related legislation: State Administration for Industry and Commerce, Sino-foreign Equity Joint Ventures Ratio of Registered Capital to Total Investment Tentative Provisions, Mar 1 1987, CLP 1987 No.4 p50

clp reference:3210/04.04.13
promulgated:2004-04-13

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