Tax

• Ministry of Finance and State Administration of Taxation, Circular on Revising the Business Tax Policy for Assignment of Residential Premises of Individuals

  财政部、国家税务总局关于调整个人住房转让营业税政策的通知

  Preferential tax policy for second-hand residential property sale removed.

  February 02, 2010

• Circular on Strengthening the Administration of Enterprise Income Tax on Income Derived from the Transfer of Equity of Non-tax-resident Enterprises

  关于加强非居民企业股权转让所得企业所得税管理的通知

  The Circular aims to prevent tax evasion by non-tax-resident enterprises through transfer of equity.

  February 02, 2010

• China makes a renewed commitment to clean energy

  China is showing its dedication to the renewable energy sector through amendments to legislation and the creation of incentives for domestic usage, while importation of renewable energy equipment continues to face difficulties

  February 02, 2010

• Extraterritorial enforcement of corporate income tax

  A tax circular which seeks to strengthen the administration of tax on income derived from equity transfer may have a profound impact on non-resident investors using offshore vehicles. But the authorities have some legal hurdles to clear

  February 02, 2010

• State Administration of Taxation, Official Reply on Clarifying the Basis for Calculating Deed Tax on the Grant of State-owned Leaseholds

  国家税务总局关于明确国有土地使用权出让契税计税依据的批复

  SAT clarifies deed tax calculation for leasehold grant.

  December 08, 2009

• State Administration of Taxation, Circular on Issues Relevant to the Implementation of Articles on Royalties of Tax Agreements

  国家税务总局关于执行税收协定特许权使用费条款有关问题的通知

  Three types of items not treated as royalties.

  December 08, 2009

• State Administration of Taxation, Circular on How to Interpret and Recognise the “Beneficial Owner” in Tax Agreements

  国家税务总局关于如何理解和认定税收协定中“受益所有人”的通知

  Conduit companies are not beneficial owners.

  December 08, 2009

• State Administration of Taxation, Measures for the Administration of the Treatment for Which Non-tax-residents are Eligible Under Tax Agreements (Trial Implementation)

  国家税务总局非居民享受税收协定待遇管理办法 (试行)

  China consolidates rules on tax reduction eligibility of non-tax-residents.

  December 08, 2009

• State Administration of Taxation, Circular on Issues Concerning the Implementation of Preferential Income Tax Treatment for Venture Investment Enterprises

  国家税务总局关于实施创业投资企业所得税优惠问题的通知

  Venture investment companies may enjoy tax reduction.

  December 08, 2009

• Circular on Issues Concerning the Implementation of Preferential Income Tax Treatment for Venture Investment Enterprises

  关于实施创业投资企业所得税优惠问题的通知

  The Circular sets forth the criteria under which a venture investment enterprise may enjoy tax reduction for investment in an unlisted small or medium high and new technology enterprise.

  December 08, 2009