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International Law

: China Briefing Blog

SAT Increased Deemed Profit Rates for Representative Offices in China

By China Briefing

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Mar. 4 – Representative offices are no longer exempt from corporate income tax in China according to a recently issued circular by the State Administration of Taxation. Guoshuifa [2010] No. 18, issued on February 20, 2010, explicitly stipulates that ROs shall pay corporate income tax on their taxable income, as well as sales tax and VAT, [...]

Full post as published by China Briefing Blog on March 04, 2010 (boomark / email).

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