When an enterprise derives revenue from the transfer of property, etc., it shall include all of the revenue in the year that is recognised to be the year in which such revenue is derived.
December 14, 2010
Tax
Tax should be paid in one year for income derived from property transfer.
December 14, 2010FIEs required to pay urban maintenance and construction tax and education surcharge from December 1 2010.
December 14, 2010It's been a busy year for tax authorities in 2010 and next year will be no different. Foreign companies are no longer privy to preferential tax treatments and non-resident enterprises can expect tightening on indirect equity transfers, treaty benefits and transfer pricing audits
December 14, 2010Concentrate on tax policy transparency and consistent enforcement
November 09, 2010Thresholds for preferential property-related tax policies raised.
November 09, 2010Circular puts an end to FIEs' super national treatment.
November 09, 2010Guangzhou imposes age restriction on purchase of property.
November 09, 2010Shanghai restricts purchase of residential premises to only one more unit.
November 09, 2010Tax filing requirements clarified for enterprise re-organisation.
October 13, 2010