Legal

• State Administration of Taxation, Circular on Issues Relevant to Terminating the Implementation of the Policy of Crediting Purchases of Domestically-produced Equipment as Investments by Enterprises Against Enterprise Income Tax

  国家税务总局关于停止执行企业购买国产设备投资抵免企业所得税政策问题的通知

  Preferential tax policy for purchase of Chinese equipment cancelled.

  July 09, 2008

• State Administration of Taxation, Circular on Adding Organizations Entitled to Tax Exemption on Interest to the China-Canada Tax Treaty

  国家税务总局关于中国-加拿大税收协定中增列利息免税机构的通知

  More organizations allowed to enjoy tax exemption in China and Canada.

  July 09, 2008

• China Securities Regulatory Commission, Provisions on Issues Relevant to Regulatory Opinions for Initial Public Offerings of Shares and the Listing Thereof by Securities Companies

  中国证券监督管理委员会关于证券公司申请首次公开发行股票并上市监管意见书有关问题的规定

  Ice-breaking provisions for IPOs of securities companies.

  July 09, 2008

• People's Bank of China, Measures for the Administration of Debt Financing Instruments of Non-financial Enterprises in the Interbank Bond Market

  中国人民银行银行间债券市场非金融企业债务融资工具管理办法

  Issue of bonds by non-financial enterprises made easier.

  July 09, 2008

• State Council, Regulations for the Oversight of Securities Companies

  国务院证券公司监督管理条例

  State Council regulations pave the way for margin trading and short sale of securities.

  July 09, 2008

• State Council, Regulations for Handling Risks of Securities Companies

  国务院证券公司风险处置条例

  Five measures may be taken to handle securities companies at risk.

  July 09, 2008

• State Administration of Taxation, Circular on the Deed Duty Policy on the Acceptance of the Assets of the Parent Company by its Wholly-owned Subsidiary

  国家税务总局关于全资子公司承受母公司资产有关契税政策的通知

  Deed duty exempted for internal asset transfer

  July 09, 2008

• GOVERNMENT ISSUES MEASURES TO CONTROL STOCK PRICES

  The China Securities Regulatory Commission orders fund managers to behave and not to sell large holdings of stock into a falling market, in an attempt…

  July 09, 2008

• Ministry of Finance and China Securities Regulatory Commission, Circular on Administrative Issues Relevant to Asset Appraisal Firms that Engage in Securities and Futures-related Business

  财政部、中国证券监督管理委员会关于从事证券期货相关业务的资产评估机构有关管理问题的通知

  Standards of asset appraisal firms controlled to protect the securities market.

  July 09, 2008

• TELECOM MERGER MAY ATTRACT FOREIGN PLAYERS

  The Ministry of Industry and Information, the National Development and Reform Commission and the Ministry of Finance have issued a joint statement to confirm…

  July 09, 2008