Circular of the State Administration of Taxation on Strictly Controlling the Ratified Scope of Enterprises Income Tax

Circular of the State Administration of Taxation on Strictly Controlling the Ratified Scope of Enterprises Income Tax


Circular of the State Administration of Taxation on Strictly Controlling the Ratified Scope of Enterprises Income Tax

Guo Shui Fa [1996] No.200

November 8, 1996

Since the adoption of the new tax system, with efforts of taxation authorities at all levels, policies on enterprise income tax have already been enforced, administration of taxation has been strengthened, and tax revenue has steadily been on the rise. However, there are still some problems, of which the most challenging one is that, relevant authorities in various locations tend to set a fix tax rate or amount of income tax for enterprises whose revenue is under a certain level regardless whether their accounting documents are accurate and complete, and regardless of conditions of profit and loss. Such conduction has impaired the solemnity and uniformity of law enforcement, and has aroused dissatisfaction from taxpayers. In order to better implement the unified Tax Law of the state, regulate administration of collection of the enterprise income tax, the notification is hereby made, on Relevant Matters Concerning the Scope of Enterprises Income Tax as follows:

I.
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