Circular of the State Administration of Taxation on Issues concerning the Imposition of Business Tax on Income Derived from the Transfer of Intangible Assets into China by Foreign Enterprises

Circular of the State Administration of Taxation on Issues concerning the Imposition of Business Tax on Income Derived from the Transfer of Intangible Assets into China by Foreign Enterprises

Guo Shui Fa [1998] No.4

January 13, 1998

The national and local taxation bureaus of various provinces, autonomous regions, municipalities directly under the central government, and cities specifically designated in the state plan,

As for the issue whether business tax shall be imposed on income derived from transfer of intangible assets by a foreign enterprise with no agency or office set up in China, our specific response is as follows:

In accordance with regulations of Article 1 in Interim Regulations of the People's Republic of China on Business Tax
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