Tax

• Other Recent Legislation for this Month

  National LegislationAVIATIONPRC Basic Aviation Rules (2nd Revision)中华人民共和国飞行基本规则（第二次修订）L4700/07.10.18CUSTOMSPRC…

  November 02, 2007

• PRC Employment Promotion Law

  中华人民共和国就业促进法

  Law to prevent employment discrimination.

  November 02, 2007

• State Administration of Taxation, Circular on Revising the Rates on Taxable Income for Assessed Levy of Enterprise Income Tax

  国家税务总局关于调整核定征收企业所得税应税所得率的通知

  SAT revises enterprise income tax rates for small businesses in eight industries.

  October 02, 2007

• State Administration of Taxation, Circular on Issues Relevant to the Cancellation of the Review Authority Required for Temporary Exemption of Individual Income Tax for the Promotion of Practical Application of Scientific and Technological Achievements

  国家税务总局关于取消促进科技成果转化暂不征收个人所得税审核权有关问题的通知

  Individual income tax exemption formalities streamlined for winners for scientific and technological awards.

  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

• 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

• 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

• 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

• Ministry of Finance and State Administration of Taxation, Circular on Revision of the Stamp Duty Rate for Securities (Stock) Transactions

  财政部、国家税务总局关于调整证券(股票)交易印花税税率的通知

  Stamp duty reduced to curb securities speculation.

  July 02, 2007

• PRC Individual Income Tax Law (4th Revision)

  中华人民共和国个人所得税法 (第四次修正)

  Tax law revised to allow reduction and waiving of tax on savings interest.

  July 02, 2007