Circular of the Ministry of Finance and the State Administration of Taxation on the Issue of the Provisions on Several Issues concerning Policies on Enterprise Income Tax
Circular of the Ministry of Finance and the State Administration of Taxation on the Issue of the Provisions on Several Issues concerning Policies on Enterprise Income Tax
Circular of the Ministry of Finance and the State Administration of Taxation on the Issue of the Provisions on Several Issues concerning Policies on Enterprise Income Tax
Cai Shui Zi [1994] No. 9
May 13, 1994
Finance departments (bureaus) and taxation bureaus of various provinces, autonomous regions, municipalities directly under the Central Government and cities specially designated in the state plan,
The Provisions on Several Issues Concerning Policies on Enterprise Income Tax, which was formulated in accordance with the Interim Regulations of the People's Republic of China on Enterprise Income Tax and its implementing rules, is hereby promulgated for your implementation. Please contact with us if you have any inquiry in course of the implementation.
Appendix: Provisions on Several Issues Concerning Policies on Enterprise Income Tax
Please Copy to various departments of the State Council.
Appendix: Provisions on Several Issues Concerning Policies on Enterprise Income Tax
I. Tax on the other units and organizations with operating income
1. The social organizations and public institutions responsible for its own income and expenditure and practicing enterprise management shall pay income tax locally for their production and operating income and other income.
2. The other social organizations and public institutions shall pay income tax as required for their production and operating income and other income.
II. Tax on affiliated enterprises
1. Before distributing profit, the affiliated enterprises shall pay income tax locally for their production and operating income. The losses of affiliated enterprises shall be offset by them in accordance with relevant provisions.
2.
......
Cai Shui Zi [1994] No. 9
May 13, 1994
Finance departments (bureaus) and taxation bureaus of various provinces, autonomous regions, municipalities directly under the Central Government and cities specially designated in the state plan,
The Provisions on Several Issues Concerning Policies on Enterprise Income Tax, which was formulated in accordance with the Interim Regulations of the People's Republic of China on Enterprise Income Tax and its implementing rules, is hereby promulgated for your implementation. Please contact with us if you have any inquiry in course of the implementation.
Appendix: Provisions on Several Issues Concerning Policies on Enterprise Income Tax
Please Copy to various departments of the State Council.
Appendix: Provisions on Several Issues Concerning Policies on Enterprise Income Tax
I. Tax on the other units and organizations with operating income
1. The social organizations and public institutions responsible for its own income and expenditure and practicing enterprise management shall pay income tax locally for their production and operating income and other income.
2. The other social organizations and public institutions shall pay income tax as required for their production and operating income and other income.
II. Tax on affiliated enterprises
1. Before distributing profit, the affiliated enterprises shall pay income tax locally for their production and operating income. The losses of affiliated enterprises shall be offset by them in accordance with relevant provisions.
2.
......