Discover China's Corporate Income Tax for 2025. Learn about rates, filing, exemptions, and policies to stay compliant and optimize your tax strategy.
1 Chinese Law 1.1 China Corporate Income Tax Law " People's Republic of China Corporate Income Tax Law " is a law which is used to make the Chinese domestic enterprises and other organizations to obtain income to pay corporate income tax law. The current law was revised and promulgated on ...
proposed new corporate income tax law in chinaThe draft of a new Enterprise Income Tax Law (“EIT Law”) was reviewed and discussed by China’s Standing Committee of the National People’s Congress (“NPC”) on December 24,2006.It is highly anticipated that the new EIT Law will be passed...
Tax resident enterprises (TREs) are subject to corporate income tax (CIT) on their worldwide income. A non-TRE that has no establishment or place in China is taxed only on its China-source income. A non-TRE with an establishment or place in China shall pay CIT on income derived by such...
Income from interest on government bonds, Profits from dividends Other gains in shared investments among eligible local companies or by foreign companies in China Income of non-profit groups Deductibles The tax law allows deductions from your taxable income based on your business expenses on the follo...
We discuss the corporate income tax rates, calculation, taxable income, deductions, exemptions and more...
New corporate income tax law.(CHINA)Mui, Matthew
JinyanLiEBSCO_bspCanadian Tax Journal
Investors also have to consider the impact of the anti-tax avoidance measures in China's corporate income tax law. The major issues that have to be monitored include the thin-capitalisation rule which may disallow interest expense arising from excessive related-party loans and the general...
income derived by a non-TRE from the disposal of a non-Chinese company is not taxable under China’s domestic income tax law. However, if the Chinese tax authorities are of the view that the non-TRE transferor has used an abusive arrangement to indirectly transfer the equity of the Chinese...