Circular of the State Administration of Taxation on Issues concerning the Imposition of Individual Income Tax on Directors of Foreign-Invested Enterprises Holding Direct Managerial Positions

Circular of the State Administration of Taxation on Issues concerning the Imposition of Individual Income Tax on Directors of Foreign-Invested Enterprises Holding Direct Managerial Positions


Circular of the State Administration of Taxation on Issues Concerning the Imposition of Individual Income Tax on Directors of Foreign-Invested Enterprises Holding Direct Managerial Positions

Guo Shui Fa [1996] No. 214

November 21, 1996

The offices of the State Administration of Taxation and local taxation bureaus at all provinces, autonomous regions, municipalities directly under the Central Government and cities specifically designated in the state plan,

Recently, certain local offices called and inquired how to impose individual income tax on directors (board chairman) of foreign-invested enterprises who hold direct managerial positions, but just general incomes in name of director fees or dividends from the enterprises.
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