Legislation

• Other Recent Legislation for this Month

  National LegislationINSURANCEMeasures for the Administration of Insurance Permits保险许可证管理办法L3900/07.06.22Circular on Matters Relevant…

  September 02, 2007

• State Administration of Taxation, Supplementary Circular on Issues Relevant to the Application of Agreed Tax Rates to the Interest Income of Foreign Nationals and Individual Residents of Hong Kong, Macao and Taiwan Derived from Their Savings Deposits

  国家税务总局关于外籍个人和港澳台居民个人储蓄存款利息所得适用协定税率有关问题的补充通知

  Tax rates on interest income of foreigners may follow bilateral tax agreements.

  September 02, 2007

• State Administration of Foreign Exchange and Ministry of Commerce, Circular on Issues Relevant to the Repeal of the «Trial Measures for Verification of Foreign Exchange Received from Exports»

  国家外汇管理局、商务部关于废止《出口收汇考核试行办法》有关问题的通知

  Policy encouraging foreign exchange from exports removed.

  September 02, 2007

• China Securities Regulatory Commission, Measures on the Administration of the Qualifications of the Directors, Supervisors and Senior Management Personnel of Futures Companies

  中国证券监督管理委员会期货公司董事、监事和高级管理人员任职资格管理办法

  The appointment of a chief risk officer required in futures companies.

  September 02, 2007

• Shanghai Municipality, Circular on Issues Relevant to the Levy and Exemption of Land Value-added Tax on the Transfer of Non-ordinary Residential Premises by Individuals

  上海市关于个人转让非普通住房征免土地增值税有关问题的通知

  Land value-added tax levied to cool down the property market in Shanghai.

  September 02, 2007

• China Securities Regulatory Commission, Trial Measures for the Administration of Overseas Securities Investment by Qualified Domestic Institutional Investors

  中国证券监督管理委员会合格境内机构投资者境外证券投资管理试行办法

  Overseas securities investment available for fund management companies and securities companies.

  September 02, 2007

• Supreme People's Court, Provisions on Several Issues Concerning the Application of the Law in Trials of Foreign-related Civil and Commercial Contract Disputes

  最高人民法院关于审理涉外民事或商事合同纠纷案件法律适用若干问题的规定

  Application of foreign laws excluded from five more types of contracts.

  September 02, 2007

• State Administration of Taxation, Circular on Issues Relevant to the Pre-tax Deduction of Commission Expenses Incurred by Insurance Enterprises Related to the Surrendered Insurance Policies

  国家税务总局关于保险企业发生与退保业务相关佣金支出税前扣除问题的通知

  Insurance enterprises allowd to obtain pre-tax deductions of commission expenses for surrendered insurance policies.

  September 02, 2007

• People's Bank of China, Circular on Issues Relevant to the Launch of Swap Transactions Between Renminbi and Foreign Currencies in the Interbank Foreign Exchange Market

  中国人民银行关于在银行间外汇市场开办人民币外汇货币掉期业务有关问题的通知

  PBOC launches swaps between renminbi and foreign currencies.

  September 02, 2007

• State Council, Implementing Measures for Levy and Collection of Individual Income Tax on Interest Income from Savings Deposits (Revised)

  国务院对储蓄存款利息所得征收个人所得税的实施办法 (修订)

  Individual income tax on savings interest significantly reduced.

  September 02, 2007