The State Administration of Taxation ("SAT") has released an announcement on revising three statutory instruments including the Administrative Measures for the Assessment and Collection of Income Taxes of Non-resident Enterprises (the "Measures"). The announcement will take effect as of June 1, 2015.
The Announcement has revised Article 9 of the Measures to read: "the competent tax authority shall timely deliver an Identification Form for Methods of Collection of Income Taxes of Non-resident Enterprises ("Identification Form") to a non-resident enterprise, and the non-resident enterprise shall complete the Identification Form and send it to the competent tax authority within ten working days following the receipt of the Identification Form. The tax authority shall complete the determination of a method of tax collection within 20 working days upon acceptance of the Identification Form. In the meantime, several amendments have been made to the Identification Form. The announcement additionally revises the Administrative Measures for Income Taxes of Chinese-controlled and Overseas-registered Resident Enterprises (for Trial Implementation) and Announcement of the State Administration of Taxation on Issues Concerning the Application of the Special Tax Treatment in Equity Transfers by Non-resident Enterprises.