NATIONAL LEGISLATIONCONSTITUTION AND LEGAL SYSTEMMinistry of Justice, Decision on Repeal of 12 Rules Promulgated by the Ministry司法部关于废止十二件部颁规章的决定L1400/09.02.26…
Tougher penalties for insider dealing.
Mofcom hands down more approval authority.
FIEs now enjoy same property tax rates as domestic companies.
Losses in partnerships not allowed to be used to deduct other companies' profits.
Shanghai offers financial incentives to multinational headquarters.
FIEs required to calculate property taxes in renminbi.
“Reasonable wages and salaries” defined for enterprise income tax purposes.
Avoidance of double taxation for Chinese enterprises investing overseas.
Capital contribution in the form of equity gets its official go-ahead.