Circular of the State Administration of Taxation on Levying and Exempting Individual Income Tax on Qualifying Subsidies Granted to Foreign Individuals
Circular of the State Administration of Taxation on Levying and Exempting Individual Income Tax on Qualifying Subsidies Granted to Foreign Individuals
Circular of the State Administration of Taxation on Levying and Exempting Individual Income Tax on Qualifying Subsidies Granted to Foreign Individuals
Guo Shui Fa [1997] No. 54
April 9, 1997
The "Individual Income Tax Law of the People's Republic of China" and its implementing regulations as well as the "Notice of the Ministry of Finance and State Administration of Taxation Concerning the Implementation of the Individual Income Tax Policies" (Cai Shui Zi (1997) No. 020) express the scope of exemption from individual income tax on qualifying subsidies granted to foreign individuals.
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