Official Reply to Question concerning Confirmation of Enterprises Engaging in the Land-Levellling Business for Land Development and Housing Construction

Official Reply to Question concerning Confirmation of Enterprises Engaging in the Land-Levellling Business for Land Development and Housing Construction
Official Reply to Question concerning Confirmation of Enterprises Engaging in the Land-Levellling Business for Land Development and Housing Construction

Guo Shui Han [1994] No.388

July 6, 1994

The Shanxi Provincial Tax Bureau,

The Xian Municipal Tax Bureau of your province asked the question as to whether or not enterprise with foreign investment specializing in the business of land-levelling business for land development and housing construction can enjoy preferential taxation treatment as granted to productive enterprise with foreign investment, after study we hereby clarify the issue as follows:

Enterprise with foreign investment specialize in land- levelling business for land development and housing construction may be regarded as construction enterprises as stipulated in Section (7), Clause 1, 
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