Law Digest

• Beijing Municipality, Circular on Issues Relevant to the Administration of Levy and Collection of Land Value-added Tax

  北京市关于土地增值税征收管理有关问题的通知

  Land value-added tax of 1% levied on newly-established premises in Beijing.

  May 02, 2007

• General Administration of Customs, Measures for the Administration of Direct Return of Imports

  中华人民共和国海关进口货物直接退运管理办法

  Imports may be directly returned by order of customs.

  May 02, 2007

• State Administration of Taxation, Circular on Issues Relevant to the Interpretation and Implementation of Relevant Articles of the «Arrangement Between the Mainland of China and the Hong Kong Special Administrative Region for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income»

  关于《内地和香港特别行政区关于对所得避免双重征税和防止偷漏税的安排》有关条文解释和执行问题的通知

  Avoidance of double taxation issues between Hong Kong and the mainland clarified.

  May 02, 2007

• Shenzhen City, Implementing Opinion on Arranging the Construction of a Certain Ratio of Policy-type Residential Premises in the Grant of Leaseholds for Commodity Residential Premises in Shenzhen

  深圳市关于在我市出让商品住宅用地中安排建设一定比例政策性住房的实施意见

  Developers in Shenzhen required to construct a certain ratio of policy-type premises.

  May 02, 2007

• Ministry of Construction and Ministry of Commerce, Provisions for the Administration of Foreign-invested Construction Project Service Enterprises

  建设部、商务部外商投资建设工程服务企业管理规定

  Wholly foreign-owned construction project service enterprises allowed.

  April 02, 2007

• Ministry of Finance and State Administration of Taxation, Circular on Tax Issues Relevant to the Restructuring of Branches of Foreign Banks into Wholly Foreign-owned Banks

  财政部、国家税务总局关于外国银行分行改制为外商独资银行有关税收问题的通知

  Tax issues clarified in the restructuring of foreign-invested banks.

  April 02, 2007

• PRC Enterprise Income Tax Law

  中华人民共和国企业所得税法

  Enterprise income tax rate for both FIEs and domestic companies set at 25%.

  April 02, 2007

• Shenzhen Stock Exchange, Members Administration Rules

  深圳证券交易所会员管理规则

  Shenzhen Stock Exchange still allows memebers to purchase seats from it.

  April 02, 2007

• Shanghai Stock Exchange, Members Administration Rules

  上海证券交易所会员管理规则

  Shanghai Stock Exchange no longer approves new seats.

  April 02, 2007

• Other Recent Legislation for this Month

  National LegislationACCOUNTINGMeasures for the Administration of Professional Risk Funds of Accounting Firms会计师事务所职业风险基金管理办法L3100/07.03.01ADVERTISING…

  April 02, 2007