PH中国税务现况与数据(PDF 31页)

Contents
Page
Tax administration 1
Tax filing and payment 1
– Enterprise income tax 1
– Individual income tax 1
Foreign Investment Enterprises and 2
Foreign Enterprises
– Enterprise income tax 2
– Local income tax 2
– Concessionary tax rates 3
Special Economic Zones 3
Economic and Technological Development Zones 3
Old Urban Districts of SEZs and ETDZs and 4
Coastal Open Economic Zones
Hi-Tech Industry Development Zones 4
Bonded Zones 4
Shanghai Pudong New Area 4
National Tourism Areas 5
Other areas 5
Production 5
Oil, natural gas, rare metals and precious metals 5
Agriculture, forestry and animal husbandry 5
Technologically advanced and 5
export-oriented enterprises
Harbour and wharf construction 6
Financial institutions 6
Representative offices 6
– Tax refund on reinvestment 6
– Investment restrictions on foreign investors 7
– Special deductions and other matters 8
Depreciation 8
Intangibles 9
Pre-operating expenses 9
Management fees 9
Interest on loans 9
Entertainment 9
Foreign social insurance premiums 10
Bad debts 10
Inventory valuation 10
Loss carryovers 11
Treatment of dividends 11
Related party transactions 11
Consolidated tax filing 11
Tax period 11
Currency 12
Deemed taxable income 12
Individuals 12
– Tax liability 12
– Personal income tax rates 13
– Employment benefits 13
– Income other than employment income 14
Proprietors; contracting and leasing 14
Income of authors 14
Compensation for personal services 14
Royalties, interest, dividends, bonuses; leases 14
on or assignment of property; other income
Allowable deductions 14
Withholding tax on payments to non-residents 15
– Withholding tax generally 15
– Dividends and profit repatriation 15
– Interest income 15
– Leasing income 15
– Royalties 16
– Other income 16
Other taxes 16
– Value added tax 16
– Customs duties 16
– Business tax 17
– Consumption tax 18
– Land appreciation tax 18
– Stamp tax 19
– Urban real estate tax 19
– Deed tax 19
– Vehicle and vessel tax 19
– Resource tax 19
Capital gains tax 20
Tax treaties 20
Foreign tax relief 21
Exchange controls 21
PricewaterhouseCoopers services 24
PricewaterhouseCoopers contacts 26
..............................