Legislation

• Ministry of Finance, Ministry of Land and Resources and People's Bank of China, Circular on Issues Concerning Revising the Policy on Land Use Fees on Newly-added Construction Land and other Issues

  财政部、国土资源部、中国人民银行关于调整新增建设用地土地有偿使用费政策等问题的通知

  Issued: November 7 2006Applicability: Newly-added construction land refers to construction land converted from agricultural land or unutilized land. …

  November 30, 2006

• PRC Law on Supervision by Standing Committees of People's Congresses at all Levels

  中华人民共和国各级人民代表大会常务委员会监督法

  Promulgated: August 27 2006Effective: January 1 2007Main contents: Standing committees of people's congresses at all levels shall select several important…

  November 30, 2006

• State Administration of Foreign Exchange, Circular on Issues Relevant to Foreign Exchange Control with Respect to Overseas Securities Investments of Fund Management Companies

  国家外汇管理局关于基金管理公司境外证券投资外汇管理有关问题的通知

  Issued: August 30 2006Effective: as of date of issueMain contents: A fund management company that wishes to provide overseas securities investment services…

  November 30, 2006

• State Administration of Taxation, Circular on Issues Relevant to Strengthening the Administration of Tax Collection on the Giving of Immovable Property by Individuals in Real Property Transactions

  国家税务总局关于加强房地产交易个人无偿赠与不动产税收管理有关问题的通知

  Issued: September 14 2006Main contents: The Circular states that deed tax shall be collected from the donee of immovable property given by another individual.…

  November 30, 2006

• China Securities Regulatory Commission, Guiding Opinions on the Administration of Investment Management Personnel of Fund Management Companies

  中国证券监督管理委员会基金管理公司投资管理人员管理指导意见

  Issued: October 27 2006Applicability: The term "investment management personnel" refers to the following persons who are responsible for fund investment,…

  November 30, 2006

• Ministry of Commerce, Supplementary Provisions for the Measures for the Administration of Foreign Investment in the Commercial Sector (2)

  商务部外商投资商业领域管理办法补充规定(二)

  Promulgated: November 3 2006Effective: December 1 2006Main contents: Where a single Hong Kong or Macao service provider has opened an aggregate of more…

  November 30, 2006

• State Administration for Industry and Commerce, Implementing Opinions on Stopping the Advertising Business of Advertisers, Advertising Operators and Advertising Disseminators

  国家工商行政管理总局停止广告主、广告经营者、广告发布者广告业务实施意见

  Issued: November 24 2006Main contents: Administrations for industry and commerce may stop the advertising business of advertisers, advertising operators…

  November 30, 2006

• China Insurance Regulatory Commission, Circular on the Investment in the Equity Interests of Commercial Banks by Insurance Institutions

  中国保险监督管理委员会关于保险机构投资商业银行股权的通知

  Issued: September 21 2006Main contents: The Circular details the investment in the equity interests of commercial banks by insurance institutions regarding:(1)…

  November 30, 2006

• State Administration of Taxation, Measures for Filing Tax Returns for Individual Income Tax Personally (Trial Implementation)

  国家税务总局个人所得税自行纳税申报办法(试行)

  Promulgated: November 6 2006Effective: The filing of tax returns for individuals with an annual income of at least Rmb120,000 shall be effective from January…

  November 30, 2006

• Ministry of Finance and State Administration of Taxation, Circular on the Policy Relating to Land Value-added Tax on Ordinary Standard Residential Premises

  财政部、国家税务总局关于土地增值税普通标准住宅有关政策的通知

  Issued: October 20 2006Main contents: The Circular states that the definition of ordinary standard residential premises in Article 8 of the PRC Land Value-added…

  November 30, 2006