Introduction to China Tax

March 7th, 2007 - by Chris Devonshire-Ellis
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This overview of China’s tax regime and applicable rates includes details of income tax, individual income tax, VAT, and other applicable taxes foreign businesses face in China. It was kindly provided by the Dezan Shira & Associates Shanghai office and can be accessed at: http://www.2point6billion.com/China_Tax_Introduction.pdf.

For further clarification on this topic please contact info@dezshira.com or view their website at www.dezshira.com.

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This entry was posted on Wednesday, March 7th, 2007 at 4:58 pm and is filed under setting up in China. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.



2 Responses to “Introduction to China Tax”

  1. Chris Devonshire-Ellis Says:
    March 8th, 2007 at 10:24 am

    It’s worth noting that TODAY (8th March) China’s Finance Minister Jin Renqing will put to the National Peoples Congress a proposal to unify China’s Income Tax which currently stands at differing rates for foreign investors and domestic companies. They are asking for a 25% unified rate, and I understand that SEZ’s such as Shenzhen will keep their 15% rate, and that 5 year tax holidays will still be permitted. As soon as we have more details we’ll post them.

  2. Phani Kiran Says:
    March 8th, 2007 at 10:30 am

    Dear SIr,

    Thank you for forwarding this mail. It is a very useful introduction

    Regards

    Phani Kiran

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