The Law of the People’s Republic of China on Enterpri Income Tax
Table of Content
Chapter One General Provisions
Chapter Two Taxable Income
Chapter Three Payable Tax
虾仁瘦肉粥Chapter Four Preferential Tax Treatment
Chapter Five Tax Withheld at Source
Chapter Six Special Tax Payment Adjustment
Chapter Seven Administration of Tax Levying and Collection
Chapter Eight Supplementary Provisions
Chapter One General Provisions
Article 1 Taxpayers of enterpri income tax shall be enterpris and other organizations that obtain income within the People’s Republic of China (hereinafter referred to as “Enterpris”) and shall pay enterpri income tax in accordance with the provisions of this Law.
This Law shall not apply to wholly individually-owned enterpris and partnership enterpris.
Article 2 Enterpris are divided into resident enterpris and non-resident enterpris.第一次坐地铁
上海百乐门For the purpos of this Law, the term “resident enterpris” shall refer to Enterpris that are t up in China in accordance with the law, or that are t up in accordance with the law of the foreign country (region) who actual administration institution is in China.
蛋挞头 For the purpos of this Law, the term “non-resident enterpris” shall refer to Enterpris that are t up in accordance with the law of the foreign country (region) who
actual administration institution is outside China, but they have t up institutions or establishments in China or they have income originating from China without tting up institutions or establishments in China.爸的笔画顺序
Article 3 Resident enterpris shall pay enterpri income tax originating both within and outside China.
Non-resident enterpris that have t up institutions or premis in China shall pay enterpri income tax in relation to the income originating from China obtained by their institutions or establishments, and the income incurred outside China but there is an actual relationship with the institutions or establishments t up by such enterpris.
Where non-resident enterpris that have not t up institutions or establishments in China, or where institutions or establishments are t up but there is no actual relationship with the income obtained by the institutions or establishments t up by such enterpris, they shall pay enterpri income tax in relation to the income originating from China.
Article 4 The rate of enterpri income tax shall be 25%.
Non-resident enterpris that have obtained income in accordance with the provisions of Paragraph Three of Article 3 hereof, the applicable tax rate shall be 20%.
Chapter Two Taxable Income
科幻图Article 5 The balance derived from the total income in each taxable year of Enterpris, after deduction of the non-taxable income, tax exempted income, other deductions and the making up of loss of previous years shall be the taxable income.
Article 6 Income obtained by Enterpris from various sources in monetary and non-monetary terms shall be the total income, including
1.income from sale of goods;
2.income from provision of labour rvices;
3.income from transfer of property;
4.income from equity investment such as dividend and bonus;
5.interest income;
6.rental income;
无车日 7.income from royalties;
8.income from donations; and
9.other income.
Article 7 The following income from the total income shall not be taxable
1.financial funding;
2.administrative fees and government funds obtained and included in financial management in accordance with the law; and
3.other non-taxable income prescribed by the State Council.
Article 8 Reasonable expens that are relevant to the income actually incurred and obtained by Enterpris, including costs, fees, tax payments, loss and other fees may be deducted from the taxable income.
Article 9 In relation to the expens from charitable donations incurred by Enterpris, the portion within 12% of the total annual profit may be deducted from the taxable income.
Article 10 The following expens may not be deducted from the taxable income
1.income from equity investment paid to investors such as dividend and bonus;
2.payment of enterpri income tax;
3.late payment fines;
4.penalties; fines and loss from confiscated property;
5.expens from donations other than tho prescribed in Article 9 hereof;
6.sponsorship fees;
冬天的好词7.expens for non-verified provisions; and
8.other expens irrelevant to the income obtained.
Article 11 Where Enterpris compute the taxable income, the depreciation of fixed asts calculated in accordance with provisions may be deducted.
