Commercial Information Circulars

24-hour hotline : 23 922 922

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

Ref. ： EIC 631/2/7

19 October 2015

Dear Sirs,

Commercial Information Circular No. 975/2015

The Mainland of China : Notice Concerning the Follow-up Management of "Cancelled Approval of Simplified Levy and Sparing Credit of Corporate Income Tax"

The State Administration of Taxation of the People's Republic of China issued on 10 October 2015 a notice concerning the follow-up management of "Cancelled Apporoval of Simplified Levy and Sparing Credit of Corporate Income Tax", which took effect on the date of promulgation.  Please refer to the Appendix (pdf format) for the notice (available in Chinese only). 

2. On the "Notice Concerning Announcing 22 Cancelled Non-administrative Licensing Examination and Approval Items related to Taxation", please refer to CIC No. 828/2015 dated 24 August 2015.  For details of the "Notice Concerning Offset and Deduction of Corporate Income Tax for Profits Gained Outside the Territory of Mainland China", please refer to CIC No. 20/2010 dated 7 January 2010.  For details regarding the "Operational Guide on the Offset and Deduction of Corporate Income Tax for Profits Gained Outside the Territory of Mainland China", please refer to CIC No. 347/2010 dated 30 July 2010.

ENQUIRIES

3.If you have any questions on the content of the document mentioned in this circular, please contact the issuing authority of the Mainland of China direct.  For other questions on this circular, please contact Ms Eugenia CHAN (tel: 2398 5444) of the Department.

Yours faithfully,
 

(Ms Helen CHENG)
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.