Announcement of the State Administration of Taxation on Issues Relating to the Business Tax for the Assets Reorganization of Taxpayers
Announcement of the State Administration of Taxation on Issues Relating to the Business Tax for the Assets Reorganization of Taxpayers
Announcement of the State Administration of Taxation on Issues Relating to the Business Tax for the Assets Reorganization of Taxpayers
Announcement of the State Administration of Taxation [2011] No. 51
September 26, 2011
According to the relevant provisions of the Interim Regulations of the People's Republic of China on Business Tax and its implementing rules, issues relating to business tax for the assets reorganization of taxpayers are hereby announced as follows:
For the act of transferring all or part of physical assets and claims, debts and labor force related thereto in the course of assets reorganization to any other entity and individual by a taxpayer through such means as combination, division, sale and replacement is not within the scope of business tax collection and business tax shall not be collected for the transfer of real estate and land use rights involved therein.
......
Announcement of the State Administration of Taxation [2011] No. 51
September 26, 2011
According to the relevant provisions of the Interim Regulations of the People's Republic of China on Business Tax and its implementing rules, issues relating to business tax for the assets reorganization of taxpayers are hereby announced as follows:
For the act of transferring all or part of physical assets and claims, debts and labor force related thereto in the course of assets reorganization to any other entity and individual by a taxpayer through such means as combination, division, sale and replacement is not within the scope of business tax collection and business tax shall not be collected for the transfer of real estate and land use rights involved therein.
......