Ministry of Finance and State Administration of Taxation, Questions Concerning Business Tax on Technological Development and Technology Transfers Official Reply

Issued: March 7 2005

Main contents: Technological development and technology transfer businesses that are exempted from business tax as stipulated in the Ministry of Finance and State Administration of Taxation, Relevant Tax Questions Concerning Thorough Implementation of 《Central Committee of the Communist Party of China and State Council, The Decision on Strengthening Technological Innovations, Developing Advanced Science and Technology and Realizing Industrialization》the Circular refers to technological development and technology transfer businesses in the area of natural science.
Related legislation: Ministry of Finance and State Administration of Taxation, Relevant Tax Questions Concerning Thorough Implementation of the«Central Committee of the Communist Party of China and State Council, The Decision on Strengthening Technological Innovations, Developing Advanced Science and Technology and Realizing Industrialization» Circular, Nov 2 1999, CLP 2000 No.1 p9