| Circular of the State Council of the People's Republic of China, on the Implementation of the Transitional Preferential Policies in Respect of Enterprises Income Tax |
|
| Friday,March 14,2008 Posted: 12:40 BJT(0440 GMT) |
| From:CAITEC Article type:Original |
The people’s government of all provinces, autonomous regions and municipalities, ministries and commissions of the State Council and institutions directly under administration of the State Council:
Enterprise Income Tax Law of the People's Republic of China (hereinafter referred to as “new tax law”) and Regulations for Implementation of Enterprise Income Tax Law of the People's Republic of China (hereinafter referred to as “implementation regulations”) are to take effect as from Jan1, 2008. in accordance with Article 57 of the new tax law, related issues on transitional preferential policies in respect of enterprises income tax are now announced as follows:
1.Transitional tax preferential measures for enterprises established before release of the new tax law;
2.Continue to implement preferential tax policies of the “Great Development of the Western Region”;
3.Other regulations on implementation of transitional preferential policies in respect of enterprises income tax;
Appendix: Table for Transitional Preferential Policies in Respect of Enterprises Income Tax
State Council of the People’s Republic of China
Dec 26, 2007
(All information published in this website is authentic in Chinese. English is provided for reference only. )
|