Tax

• Other Recent Legislation for this Month

  National LegislationBANKINGMeasures for the Administration of the Report of Transactions Suspicious of Terrorist Financing by Financial Institutions金融机构报告涉嫌恐怖融资的可疑交易管理办法L3610/07.06.11Measures…

  July 02, 2007

• China VAT Export Rebate Cuts: Impact on Sourcing&Trade Imbalances

  Many exports from China are subject to higher net value-added tax (VAT) costs under a notice effective from July 1 2007.

  July 02, 2007

• State Administration of Taxation, Circular on Issues Relevant to the Payment of Enterprise Income Tax by Foreign-invested Enterprises Engaging in Telecommunications Business

  国家税务总局关于从事通信业务的外商投资企业缴纳企业所得税有关问题的通知

  Time limits for depreciation of telecommunications equipment adjusted.

  July 02, 2007

• China VAT Export Rebate Cuts: Impact on Sourcing&Trade Imbalances

  Many exports from China are subject to higher net value-added tax (VAT) costs under a notice effective from July 1 2007.

  July 01, 2007

• Ministry of Finance and State Administration of Taxation, Circular on Tax Policies Relevant to Promoting the Development of Venture Capital Investment Enterprises

  财政部、国家税务总局关于促进创业投资企业发展有关税收政策的通知

  Tax reduction for venture capital investment enterprises investing in unlisted technology SMEs.

  June 02, 2007

• Other Recent Legislation for this Month

  National LegislationECONOMIC POLICYSeveral Opinions on Accelerating the Promotion of Reform and Development of Industry Associations and Chambers of Commerce关于加快推进行业协会商会改革和发展的若干意见L2110/07.05.13ENVIRONMENTAL…

  June 02, 2007

• State Administration of Taxation, Official Reply on the Commencement Time for the Implementation of the Reduction and Exemption of Enterprise Income Tax on Newly-established Enterprises

  国家税务总局关于新办企业减免企业所得税执行起始时间的批复

  Reduction and exemption of income tax of newly-established enterprises clarified.

  May 02, 2007

• Other Recent Legislation for this Month

  National LegislationCUSTOMS Measures for the Administration of Zhuhai Zone in the Zhuhai-MacaCross Border Industrial Zone珠澳跨境工业区珠海园区管理办法L5920/07.03.08ECONOMIC…

  May 02, 2007

• State Administration of Taxation, Circular on Issues Relevant to Set-off of the Amount of Value-added Tax on Purchases in Connection with Imports of Taxpayers

  国家税务总局关于纳税人进口货物增值税进项税额抵扣有关问题的通知

  Set-off of Value-added tax on purchases relating to imports clarified.

  May 02, 2007

• Beijing Municipality, Circular on Issues Relevant to the Administration of Levy and Collection of Land Value-added Tax

  北京市关于土地增值税征收管理有关问题的通知

  Land value-added tax of 1% levied on newly-established premises in Beijing.

  May 02, 2007