State Administration of Taxation, Question on the Pre-tax Deduction of Losses Due to Bad Debts in Transactions Between Affiliated Enterprises Circular

国家税务总局关于关联企业间业务往来发生坏账损失税前扣除问题的通知

January 31, 2001 | BY

clpstaff &clp articles &

Issued: November 24 2000Main contents: The State Administration of Taxation stipulates that after examination by the taxation authority the part of a debt…

Clp Reference: 3230/00.11.24 Promulgated: 2000-11-24

Issued: November 24 2000

Main contents: The State Administration of Taxation stipulates that after examination by the taxation authority the part of a debt not covered by the assets of the affiliated enterprise declared bankrupt by the court should be allowed to be deducted before tax.
Related legislation: Pre-Tax Deductions from Enterprise Income Tax Procedures, May 16 2000, CLP 2000 No.6 p11

clp reference:3230/00.11.24promulgated:2000-11-24

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