Return of leaseholds exempted from business tax.
June 02, 2008
Tax
Foreign enterprises pay income tax according to the Gregorian calendar year.
June 02, 2008Stricter recognition standards for hi-tech enterprises.
June 02, 2008Transitional preferential tax treatment for hi-tech enterprises issued in view of the Enterprise Income Tax Law.
June 02, 2008The Measures set forth the criteria for recognition as a hi-tech enterprise. After obtaining qualifications as a hi-tech enterprise, the enterprise is entitled to tax reduction or exemption.
June 02, 2008Earlier this year the Ministry of Science and Technology, the Ministry of Finance and the State Administration of Taxation issued a circular containing new Measures on HNTE Recognition. These measures, along with a Catalogue of supported industries, detail HNTE recognition requirements and necessary administration procedures under the PRC Enterprise Income Tax Law.
June 02, 2008Tax refund policy for reinvestments by foreign investors clarified.
May 08, 2008By Ding Fa “David” LIUJun He Law OfficesWith the new Enterprise Income Tax Law (企业所得税法)(new EIT law) taking effect on January 1 2008, the…
May 08, 2008Rate of tax prepayment raised to 20% for pre-sold premises.
May 08, 2008International maritime transport not included in trial advance tax filing.
May 08, 2008