Circular on the Handling Method for Implementing the Stipulations concerning the Levy of Turnover Tax on Residence Representative Offices of Foreign Enterprises Published before December 31, 1993
Circular on the Handling Method for Implementing the Stipulations concerning the Levy of Turnover Tax on Residence Representative Offices of Foreign Enterprises Published before December 31, 1993
Circular on the Handling Method for Implementing the Stipulations concerning the Levy of Turnover Tax on Residence Representative Offices of Foreign Enterprises Published before December 31, 1993
The tax bureaus of various provinces, autonomous regions and municipalities, to the tax bureaus of various cities with independent planning and to various sub-bureaus of the Offshore Oil Tax Administration,
The Interim Regulations of the People's Republic of China on Business Tax and the detailed rules for its implementation had been put into practice on January 1, 1994. The document concerning the levy of tax on the residence representative offices of foreign enterprises published prior to this, the stipulations on the levy of turnover tax, which have been examined and verified, may continue to be used in principle, the "consolidated industrial and commercial tax" set in the original regulations, however, shall be changed into "business tax" the applicable tax items shall be changed into "service trades", the applicable tax rate is 5 percent.
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The tax bureaus of various provinces, autonomous regions and municipalities, to the tax bureaus of various cities with independent planning and to various sub-bureaus of the Offshore Oil Tax Administration,
The Interim Regulations of the People's Republic of China on Business Tax and the detailed rules for its implementation had been put into practice on January 1, 1994. The document concerning the levy of tax on the residence representative offices of foreign enterprises published prior to this, the stipulations on the levy of turnover tax, which have been examined and verified, may continue to be used in principle, the "consolidated industrial and commercial tax" set in the original regulations, however, shall be changed into "business tax" the applicable tax items shall be changed into "service trades", the applicable tax rate is 5 percent.
......