Circular of the State Administration of Taxation on the Applicable Income Tax Rate for Branches of Foreign-Invested Enterprises

Circular of the State Administration of Taxation on the Applicable Income Tax Rate for Branches of Foreign-Invested Enterprises

Guo Shui Fa [1997] No.49

April 9, 1997

Recently, various local tax authorities have inquired as to the issues regarding how to determine the applicable income tax rate for branches of foreign-invested enterprises established in different areas within the territory of China, where different rates of income tax are applied under the Income Tax Law of the People's Republic of China on Foreign-invested Enterprises and Foreign Enterprises (hereinafter referred to as Tax Law).
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