Circular of the State Administration of Taxation on the Payment of Enterprise Income Tax by Postal Enterprises

Circular of the State Administration of Taxation on the Payment of Enterprise Income Tax by Postal Enterprises

Guo Shui Fa [1999] No.114

June 9, 1999

The national taxation bureaus of all provinces, autonomous regions, municipalities directly under the Central Government and cities specifically designated in the state plan,

With the goal of strengthening the administrative system for the collection of income tax from postal enterprises and ensuring that such tax is turned over to the Treasury, we hereby notify you of the relevant issues concerning the payment of enterprise income tax by the State Postal Bureau and enterprises affiliated to it (hereinafter referred to as postal enterprises).

I. In accordance with the Interim Regulations of the People's Republic of China on Enterprise Income Tax and other relevant provisions, enterprise income tax shall be levied on income derived from productive, operating and other activities undertaken by postal enterprises, including income derived from sources outside the territory of China.

II. Enterprise income tax payable by the State Postal Bureau and its affiliated postal enterprises at all levels for the years 1999 and 2000 shall be paid by the State Postal Bureau in Beijing and turned over to the Treasury.
Any enterprise incorporated by the State Postal Bureau or any of its affiliated enterprises at any level that is engaged in non-postal business shall pay enterprise income tax to its local taxation authority in accordance with the Interim Regulations of the People's Republic of China on Enterprise Income Tax and the implementation provisions thereof.

III.
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