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International Law

: China Briefing Blog

SAT Increases Deemed Profit Rates for Non-Resident Enterprises

By China Briefing

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Mar. 5 – The State Administration of Taxation has increased the corporate income tax deemed profits rates for non-resident enterprises carrying out services or projects in China. Under Guoshuifa [2010] No. 19, issued on February 20, unless a resident enterprise is able to provide accurate accounting records, CIT liability for services or projects carried out in [...]

Full post as published by China Briefing Blog on March 05, 2010 (boomark / email).

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