Tax

• 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

• State Administration of Taxation, Question Relevant to Re-investment Tax Rebates for Foreign Investors Circular

  国家税务总局关于外国投资者再投资退税有关问题的通知

  Issued: July 30 2001Main contents: According to the Circular, where a foreign investor actually transfers, through an affiliated transaction, the profits…

  September 02, 2001

• Ministry of Finance and State Administration of Taxation, Adjusting the Policy for Business Tax on Foreign-funded

  财政部、国家税务总局关于调整外商投资和外国金融企业营业税政策的通知

  Issued: April 25 2001Main contents: According to the Circular, as of May 1 2001 foreign-funded and foreign financial enterprises in newly established economic…

  September 02, 2001

• Implementing Regulations for the PRC Sino-foreign Equity Joint Venture Law (3rd Revision)

  中华人民共和国中外合资经营企业法实施条例（第三次修订）

  Stipulates the establishment application procedure and and business registration requirement. It also adds regulation regarding foreign exchange, decrease in registered capital and import/export duties.

  September 02, 2001

• Other Recent Legislation for this Month

  National LegislationBankingQuestions and Answers on the Standards for Information Disclosures by Companies That Offer Securities to the Public No.2 - Allocations…

  July 02, 2001