Issued: June 23 2005Applicability: The phrase "cases whose examination and approval has not yet been completed" refers to applications for tax reduction…
Issued: May 20 2005Main contents: The Circular clarifies several issues concerning the implementation of the Circular on Questions Relevant to Crediting…
This Circular is concerned with purchases of production lines and integration equipments, equipments that are assembled by imported material and parts, and domestically produced equipments.
Issued: June 13 2005Effective: as of date of issueMain contents: The Circular temporarily exempts:1. stamp tax on equity transfer arising from payment…
Promulgated: May 24 2005Effective: July 1 2005Applicability: For the purposes of these Procedures, "security for tax payments" refers to activities in…
Issued: June 13 2005Effective: as of date of issueMain contents: The Circular states that income from dividends and bonuses received by individual investors…
For the first time, the State Council has offered substantive legal parameters for the growth of China's burgeoning domestic private sector. The Opinion issued by the State Council brings the legal status of local private enterprises closer to that enjoyed by state and foreign-owned companies. Despite this, there is still more to be done to make China's private sector globally competitive.
Issued: March 17 2005Effective: as of date of issueMain contents: The Circular states that a foreign investor that wishes to apply for an income tax reduction…
Issued: March 28 2005Effective: July 1 2005Main contents: The Circular is divided into six sections covering: the levy of income tax on the stock options…
Issued: May 11 2005Main contents: The Official Reply clarifies that deed tax shall be calculated and levied on land grant fees that should have been paid…