State Administration of Taxation, Circular on Several Issues Concerning the Crediting of Purchases of Domestically Produced Equipment as Investments by Foreign-invested Enterprises and Foreign Enterprises Against Enterprise Income Tax
国家税务总局关于外商投资企业和外国企业购买国产设备投资抵免企业所得税若干问题的通知
September 02, 2005 | BY
clpstaff &clp articlesIssued: May 20 2005Main contents: The Circular clarifies several issues concerning the implementation of the Circular on Questions Relevant to Crediting…
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Issued: May 20 2005
Main contents: The Circular clarifies several issues concerning the implementation of the Circular on Questions Relevant to Crediting Purchases of Domestically Produced Equipment as Investments by Foreign-invested Enterprises and Foreign Enterprises Against Enterprise Income Tax:
1. the issue concerning crediting of production lines and integration equipment against enterprise income tax;
2. the issue concerning crediting of equipment sold after the simple assembly of imported materials and parts against enterprise income tax;
3. the issue concerning crediting of domestically produced equipment purchased for an additional investment project against enterprise income tax; and
4. the issue concerning crediting of the investments in domestically produced equipment of merged or divided enterprises against enterprise income tax
Related legislation: Circular on Questions Relevant to Crediting Purchases of Domestically Produced Equipment as Investments by Foreign-invested Enterprises and Foreign Enterprises Against Enterprise Income Tax, Jan 14 2000, CLP 2000 No.5 p.12
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