State Administration of Taxation, Question Relevant to Re-investment Tax Rebates for Foreign Investors Circular

国家税务总局关于外国投资者再投资退税有关问题的通知

September 02, 2001 | BY

clpstaff &clp articles &

Issued: July 30 2001Main contents: According to the Circular, where a foreign investor actually transfers, through an affiliated transaction, the profits…

Clp Reference: 3210/01.07.30 Promulgated: 2001-07-30

Issued: July 30 2001

Main contents: According to the Circular, where a foreign investor actually transfers, through an affiliated transaction, the profits away from the foreign investment enterprise that generated them before distribution and then invests such profits in China, it is not considered as direct re-investment. The foreign investor cannot enjoy re-investment tax rebates whether or not he has returned the profits or re-invested them within China in any way.

Related legislation: PRC, Foreign Investment Enterprise and Foreign Enterprise Income Tax Law, April 9 1991, CLP 1991 No.3 p25

clp reference:3210/01.07.30promulgated:2001-07-30

This premium content is reserved for
China Law & Practice Subscribers.

  • A database of over 3,000 essential documents including key PRC legislation translated into English
  • A choice of newsletters to alert you to changes affecting your business including sector specific updates
  • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]