Reply of the State Administration of Taxation on the Determination of the Production Value of the Exported Products of Foreign-Invested Export-Oriented Enterprises
Reply of the State Administration of Taxation on the Determination of the Production Value of the Exported Products of Foreign-Invested Export-Oriented Enterprises
Reply of the State Administration of Taxation on the Determination of the Production Value of the Exported Products of Foreign-Invested Export-Oriented Enterprises
Guo Shui Han Fa [1995] No. 645
December 18, 1995
The state tax bureau of Dalian,
Your Request for the Determination of the Production Value of the Exported Products of Export-oriented Enterprises (Da Guo Shui Fa [1995] NO.217) has been received. Under the stipulations of Item 7 of Article 75 of the Implementing Rules of the Income Tax Law of the People's Republic of China on Foreign-invested Enterprises and Foreign Enterprises, in the event that the value of the products exported in that year accounts for no less than 70% of their total output value for that year, foreign-invested export enterprises may pay their enterprise income taxes in half under the tax laws upon the expiration of their legal tax exemption and reduction period.
......
Guo Shui Han Fa [1995] No. 645
December 18, 1995
The state tax bureau of Dalian,
Your Request for the Determination of the Production Value of the Exported Products of Export-oriented Enterprises (Da Guo Shui Fa [1995] NO.217) has been received. Under the stipulations of Item 7 of Article 75 of the Implementing Rules of the Income Tax Law of the People's Republic of China on Foreign-invested Enterprises and Foreign Enterprises, in the event that the value of the products exported in that year accounts for no less than 70% of their total output value for that year, foreign-invested export enterprises may pay their enterprise income taxes in half under the tax laws upon the expiration of their legal tax exemption and reduction period.
......