Tax

• General Administration of Customs, Assessment of the Dutiable Value of Imported and Exported Commodities Measures

  中华人民共和国海关审定进出口货物完税价格办法

  The PRC guideline on the computation of dutiable value of import-export goods.

  February 28, 2002

• Change on the Horizon: The Future of Corporate Tax Reform

  An examination on the background of China's enterprise tax systems, and its trend to move towards a single tax enterprise structure.

  February 28, 2002

• State Administration of Taxation, Questions Concerning the Administration of Income Tax of Foreign-Investment Enterprises that Develop and Deal in Real Property Circular

  国家税务总局关于外商投资房地产开发经营企业所得税管理问题的通知

  Issued: December 20 2001Effective: as of date of issueMain contents: The Circular states that where a foreign investment enterprise or foreign enterprise…

  January 31, 2002

• FIE Status and the 25% Rule

  For a foreign natural person or legal entity interested in investing in the PRC, legally foreign participation in an investment vehicle must exceed a certain…

  December 31, 2001

• Taiwan WTO Survey: Getting a Head Start on Reform

  Taiwan has become a new member of the World Trade Organization. An excerpt on how it has prepared itself to meet the challenges of stronger ties to its global trading partners.

  December 31, 2001

• FIE Status and the 25% Rule

  For a foreign natural person or legal entity interested in investing in the PRC, legally foreign participation in an investment vehicle must exceed a certain…

  December 31, 2001

• State Administration of Taxation, Further Strengthening the Administration of Collection of Individual Income Tax from High-income Individuals Circular

  国家税务总局关于进一步加强对高收入者个人所得税征收管理的通知

  Issued: June 1 2001Main contents: The Circular calls for thorough and extensive investigation of individual incomes in high-paying sectors and professions,…

  October 02, 2001

• Other Recent Legislation for this Month

  National LegislationAdvertising and MarketingThe Issue of the Recognition and Handling of the Publication of Advertisements with Tobacco-related Content…

  October 02, 2001

• State Administration of Taxation, Adjusting the Standards for Pre-tax Deduction of Advertising Expenses from Income Tax of Certain Industries Circular

  国家税务总局关于调整部分行业广告费用所得税前扣除标准的通知

  Issued: August 5 2001Main contents: According to the Circular, as of January 1 2001 enterprises in industries such as pharmaceuticals, food, communications,…

  September 02, 2001

• State Administration of Taxation, Offsetting the Technological Development Costs of Foreign Investment Enterprises Against Their Taxable Income Supplementary Circular

  国家税务总局关于外商投资企业技术开发费抵扣应纳税所得税额的补充通知

  Issued: June 8 2001Main contents: The Circular states that foreign investment enterprises are entitled to enjoy an additional 50% deduction of the technological…

  September 02, 2001