Part Four: Accounting, Auditing and Taxation in China: Taxation Issues

Lee, Kelvin
January 2005
Doing Business with China;2005, p123
The chapter focuses on the existing income tax laws that affect foreign companies doing business in China as of January 2005. Attention should be paid to the interpretations and practice of the local tax authorities since the Chinese taxation system is still in a developmental stage. Business enterprises are governed by two different sets of Enterprise Income Tax Legislation.


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