Circular of the Ministry of Finance concerning Printing and Distributing the Provisions on Accounting Treatment for Foreign-Funded Enterprises under New Taxation Regulations
Circular of the Ministry of Finance concerning Printing and Distributing the Provisions on Accounting Treatment for Foreign-Funded Enterprises under New Taxation Regulations
Circular of the Ministry of Finance concerning Printing and Distributing the Provisions on Accounting Treatment for Foreign-Funded Enterprises under New Taxation Regulations
Cai Kuai Zi [1994] No. 2
January 26, 1994
The relevant competent authorities under the State Council and the financial departments (bureaus) of all provinces, autonomous regions, municipalities directly and cities specifically designated in the state plan,
The Decision of the Standing Committee of the National People's Congress on Applying the Interim Regulations on Value-added Tax, Consumption Tax and Business Tax on Foreign-invested Enterprises and Foreign Enterprises is promulgated in the form of Order No.18 of the President of the People's Republic of China. In accordance with the relevant taxation regulations and detailed enforcement regulations, we have formulated the Provisions on Accounting Treatment for Foreign-funded Enterprises under New Taxation Regulations, which are hereby issued to you. Please inform all enterprises under your administration that the Provisions shall come into effect as of January 1, 1994.
Appendix:
Provisions on Accounting Treatment for Foreign-funded Enterprises under New Taxation Regulations
Pursuant to the Decision of the Standing Committee of the National People's Congress on Applying the Interim Regulations on Value-added Tax, Consumption Tax and Business Tax on Foreign-invested Enterprises and Foreign Enterprises which is promulgated in the form of Order No.18 of the President of the People's Republic of China, the Interim Regulations of the People's Republic of China on Value-added Tax, the Interim Regulations of the People's Republic of China on Business Tax and the Interim Regulations of the People's Republic of China on Consumption Tax promulgated by the State Council shall apply to all foreign-funded enterprises as of January 1, 1994.
......
Cai Kuai Zi [1994] No. 2
January 26, 1994
The relevant competent authorities under the State Council and the financial departments (bureaus) of all provinces, autonomous regions, municipalities directly and cities specifically designated in the state plan,
The Decision of the Standing Committee of the National People's Congress on Applying the Interim Regulations on Value-added Tax, Consumption Tax and Business Tax on Foreign-invested Enterprises and Foreign Enterprises is promulgated in the form of Order No.18 of the President of the People's Republic of China. In accordance with the relevant taxation regulations and detailed enforcement regulations, we have formulated the Provisions on Accounting Treatment for Foreign-funded Enterprises under New Taxation Regulations, which are hereby issued to you. Please inform all enterprises under your administration that the Provisions shall come into effect as of January 1, 1994.
Appendix:
Provisions on Accounting Treatment for Foreign-funded Enterprises under New Taxation Regulations
Pursuant to the Decision of the Standing Committee of the National People's Congress on Applying the Interim Regulations on Value-added Tax, Consumption Tax and Business Tax on Foreign-invested Enterprises and Foreign Enterprises which is promulgated in the form of Order No.18 of the President of the People's Republic of China, the Interim Regulations of the People's Republic of China on Value-added Tax, the Interim Regulations of the People's Republic of China on Business Tax and the Interim Regulations of the People's Republic of China on Consumption Tax promulgated by the State Council shall apply to all foreign-funded enterprises as of January 1, 1994.
......