Decision of the State Council on the Revision of the Implementing Regulations of the Individual Income Tax Law of the People's Republic of China
Decision of the State Council on the Revision of the Implementing Regulations of the Individual Income Tax Law of the People's Republic of China
Decision of the State Council on the Revision of the Implementing Regulations of the Individual Income Tax Law of the People's Republic of China
Order of the State Council [2008] No. 519
February 18, 2008
The Decision of the State Council on the Revision of the Implementing Regulations of the Individual Income Tax Law of the People's Republic of China is hereby issued and shall come into force as of March 1, 2008.
Premier:Wen Jiabao
Attachment: Decision of the State Council on the Revision of the Implementing Regulations of the Individual Income Tax Law of the People's Republic of China
The State Council has decided to make the following amendments to the Implementing Regulations of the Individual Income Tax Law of the People's Republic of China:
Article 1 Article 10 shall be amended to read as follows: "Individual income shall include cash, physical objects, negotiable securities and economic interests in any other form.
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