Commercial Information Circulars
24-hour hotline : 23 922 922
e-mail address : enquiry@tid.gov.hk
Ref : EIC 631/2/7
23 May 2008
Dear Sirs,
Commercial Information Circular No. 290/2008
The Mainland of China : Notice Concerning the Cessation of Providing Corporate Income Tax Credit Against the Investment of Enterprises in Purchasing Mainland-Origin Equipment
The State Administration of Taxation has recently issued a notice announcing that the policy to provide corporate income tax credit against the investment of enterprises in purchasing Mainland-origin equipment has ceased to take effect from 1 January 2008. A copy of the notice is attached at Annex (pdf format) for reference.
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For details of the "Law on Corporate Income Tax of the People's Republic of China" and its implementation regulations, please refer to CIC No. 132/2007 dated 21 March 2007 and CIC No. 499/2007 dated 13 December 2007.
ENQUIRIES
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If you have any questions on the content of this circular, please contact Ms. Eugenia CHAN at 2398 5444.
Yours faithfully,
(Miss Annie LOONG)
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. |