Posts Tagged ‘tax’

The unification of corporate tax would cost 100 billion yuan of tax revenue to China

January 11th, 2010 | Tags: , , , ,
The Chinese Finance Minister Jin Renqing said Friday that if the Chinese parliament approved the single tax for companies with domestic or foreign financing, the government’s annual income would fall by about 100 billion yuan (12.5 billion dolla...

APN: A member of the Heilongjiang wants to unify the tax rate on income of Chinese enterprises and foreign

January 11th, 2010 | Tags: , , , ,
The Chinese Ministry of Finance has proposed to normalize the tax rate on domestic and foreign companies with tax breaks for certain industries and regions. This decision was welcomed by industry experts as Xie Boyang, vice-president of the Federation...

A rate of corporation tax would reduce the unified tax revenue of 100 billion yuan, according to Chinese Minister of Finance

January 9th, 2010 | Tags: , , , ,
The Chinese Finance Minister Jin Renqing said Friday that if the supreme legislative body approves a unified tax rate on income of corporations, both domestic and foreign, the government tax revenues could fall by 100 billion yuan ( 12.5 billion dolla...

The law on corporate income tax will come into force next January if passed, according to Chinese Minister of Finance

January 9th, 2010 | Tags: , , , ,
The Chinese Finance Minister Jin Renqing said Friday that the law on corporate income tax brought upon by the Chinese parliament to take effect on 1 January 2008 if approved by the annual session of National People’s Congress (NPC) .
Bill,...

The NPC began its consideration of draft laws on property and corporate tax

January 9th, 2010 | Tags: , , , ,
The National People’s Congress (NPC, China’s parliament) on Thursday began considering two bills aimed at ensuring equal protection of state property and private and introduce a unified income tax for domestic and foreign firms.
The ...

France: the croisssance would be 2% in 2007

January 8th, 2010 | Tags: , , , ,
The
France is expected to grow by 2% to 2.5% in 2007 and 2008, according to the French Ministry of Economy in Economic Outlook 2007-2008 distributed to the press Tuesday.
The document also envisages a deficit of 2.4% of GDP in 2007 and 1...

The time has come and the conditions are met to unify the income tax of the company, according to Chinese Premier

January 3rd, 2010 | Tags: , , , ,
Chinese Premier Wen Jiabao said Monday that the time had come and that conditions were ripe for unifying the income tax for domestic enterprises and enterprises with foreign investment to “balance the playing field”.
Wen made the rem...

The bill for the tax on corporate income does not affect the enthusiasm of investors

January 3rd, 2010 | Tags: , , , ,
The draft law on tax on corporate income, which will be submitted to the 5th Session of the 10th National People’s Congress (NPC Chinese) of China, will not affect the enthusiasm of foreign investors, said Jiang Enzhu, spokesman for the session ...

China adopts preferential tax measures to encourage gas exploration

January 1st, 2010 | Tags: , , , ,
The Chinese Ministry of Finance and State Administration of Taxation jointly issued preferential tax measures on the exploitation of gas in coal mines to encourage clean production and safe.
The new measures will take effect on 1 July 2007.

Imports contribute more to income tax in China

November 22nd, 2009 | Tags: , , , ,
Imports contributed 496.71 billion yuan in tax revenue from China in 2006, up 17.7% or 74.71 billion yuan more than the year before.
This growth rate is seven points higher than the 2005 frieze and 20% for imports in 2006, said Xie Xuren, direct...