Circular on Taxation of Sino-Foreign Equity Joint Ventures and Contractual Joint Ventures
Circular on Taxation of Sino-Foreign Equity Joint Ventures and Contractual Joint Ventures
Circular on Taxation of Sino-Foreign Equity Joint Ventures and Contractual Joint Ventures
Guo Fa [1982] No. 121
September 21, 1982
On September 10, 1980, the National People's Congress promulgated the Income Tax Law on Sino-foreign Equity Joint Ventures and the Individual Income Tax Law; and later on December 13, 1981, it also issued the Income Tax Law on Foreign Enterprises. Before the promulgation of these laws, some localities, departments and enterprises, on the approval by the competent authorities of the state, had signed contracts of joint ventures and cooperative operations with foreign and Hong Kong businessmen, some of which included the provisions for the payment of taxes.
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Guo Fa [1982] No. 121
September 21, 1982
On September 10, 1980, the National People's Congress promulgated the Income Tax Law on Sino-foreign Equity Joint Ventures and the Individual Income Tax Law; and later on December 13, 1981, it also issued the Income Tax Law on Foreign Enterprises. Before the promulgation of these laws, some localities, departments and enterprises, on the approval by the competent authorities of the state, had signed contracts of joint ventures and cooperative operations with foreign and Hong Kong businessmen, some of which included the provisions for the payment of taxes.
......