Commercial Information Circulars

24-hour hotline : 23 922 922

e-mail address : enquiry@tid.gov.hk

Ref. : EIC 631/2/7

5 August 2011

Dear Sirs,

Commercial Information Circular No. 477/2011

The Mainland of China : Notice Concerning Adjustments to the Levels of Expense Deductions for Personal Income Tax of Owners of Individually Owned Stores, and Natural Person Investors of Sole Proprietorship Enterprises and Partnership Enterprises

The Ministry of Finance and the State Administration of Taxation issued a notice concerning the adjustments to the levels of expense deductions for personal income tax of owners of individually owned stores, and natural person investors of sole proprietorship enterprises and partnership enterprises. The notice will take effect on 1 September 2011. For details, please refer to a copy of the notice (available in Chinese only) at Appendix (pdf format).

2.For details of the "Notice Concerning Adjustments to the Levels of Deductions for Payment of Personal Income Tax by Individually Owned Stores, Sole Proprietorship Enterprises and Partnership Enterprises", please refer to CIC No. 332/2008 dated 18 June 2008.

ENQUIRIES

3.If you have any questions on the content of this circular, please contact Ms. Eugenia CHAN at 2398 5444.

Yours faithfully,

(Miss Angie KWOK)

for Director-General of Trade and Industry







Note ：

• While every effort is made to ensure the accuracy of the above information, the Department cannot guarantee this to be so and will not be held liable for any reliance placed on the same.