Circular on Temporary Exemption from Income Tax on Rental Paid for Charter of Foreign Containers Used in International Transportation
Circular on Temporary Exemption from Income Tax on Rental Paid for Charter of Foreign Containers Used in International Transportation
Circular on Temporary Exemption from Income Tax on Rental Paid for Charter of Foreign Containers Used in International Transportation
Guo Shui Fa [1993] No. 49
March 12, 1993
Tax bureaus of various provinces, autonomous regions and municipalities, to tax bureaus of various cities with separate planning and to sub-bureaus of offshore oil tax administrative bureaus:
Recently, reports from some regions say that some domestic shipping enterprises have chartered containers from abroad and used them in international transportation, after studying the issue concerning whether or not income tax shall be levied on the rental incomes gained by foreign companies from the lease of containers, the matter is hereby clarified as follows:
Foreign companies which have rental incomes gained from the lease of containers to enterprises within China shall pay enterprise income tax in accordance with the stipulations of Income Tax Law of the People's Republic of China on Foreign-invested Enterprises and Foreign Enterprises.
......
Guo Shui Fa [1993] No. 49
March 12, 1993
Tax bureaus of various provinces, autonomous regions and municipalities, to tax bureaus of various cities with separate planning and to sub-bureaus of offshore oil tax administrative bureaus:
Recently, reports from some regions say that some domestic shipping enterprises have chartered containers from abroad and used them in international transportation, after studying the issue concerning whether or not income tax shall be levied on the rental incomes gained by foreign companies from the lease of containers, the matter is hereby clarified as follows:
Foreign companies which have rental incomes gained from the lease of containers to enterprises within China shall pay enterprise income tax in accordance with the stipulations of Income Tax Law of the People's Republic of China on Foreign-invested Enterprises and Foreign Enterprises.
......