Issued: December 17 2002Main contents: The Circular allows certain goods of a production enterprise that are:(1) purchased from external sources;(2) purchased…
Foreign enterprises in the PRC are required to pay value-added tax, business tax and enterprise income tax on the revenue from disposing Chinese financial assets.
Issued: August 23 2002Main contents: The Circular clarifies certain issues related to the collection of real property tax. Generally, the amount paid on…
Issued: January 23 2003Effective: March 1 2003Applicability: For the purposes of these Measures "debt restructuring " refers to all matters concerning…
Rules on foreign-invested venture capital enterprises were promulgated in 2001, but fell considerably short of expectations. New rules in this important area have recently been issued. Have they overcome the limitations of the prior rules?
Issued: January 7 2003Interpreting authority: State Administration of TaxationApplicability: Disposal of financial assets refers to enterprises that obtain,…
China's chemical imports grew a robust 23% during the first six months of China's WTO membership. China's insatiable demand for chemicals resulted in significant…
Issued: December 30 2002Effective: January 1 2003Main contents: The Circular clarifies issues concerning the examination and approval, taxation policies…
Issued: September 27 2002Effective: November 1 2002Interpreting authority: Beijing Local Taxation BureauApplicability: As defined in the Measures, key…