State Council, Implementing Rules for the PRC Law on the Administration of the Levy and Collection of Taxes

Promulgated: September 1 2002
Effective: October 15 2002

Main contents: The Rules make revisions to the rules promulgated in 1993. The Rules require taxpayers engaged in production and operations to complete tax registration with the relevant tax authority within 30 days of receipt of their business licences (Article 12). Such taxpayers should also submit a written report to the tax authority of all their account numbers within 15 days of opening of their basic and other savings accounts (Article 17). Taxpayers are required to produce certificates of tax registration when opening bank accounts, applying for tax reduction, exemption or refund, and applying for suspension or termination of business (Article 18). The Rules also state that taxpayers have the obligation to provide information related to affiliated transactions such as prices and fee standards to the local tax authority (Article 51)
Related legislation: PRC Administration of Tax Collection Law (Revised),
Apr 28 2001, CLP 2001 No.5 p12 & CLP 1995 No.3 p12
Repealed legislation: PRC Administration of Tax Collection Law Implementing Rules,
Aug 4 1993