Tax Collection Gets Boost with New Implementing Rules
October 31, 2002 | BY
clpstaff &clp articlesChina's continuing efforts to create a sound tax collection system include strengthening the tax authorities and adding provisions favourable to taxpayers.
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By Stephen Nelson and Vincci Lo, Baker & McKenzie Hong Kong
The State Council recently promulgated the new Implementing Rules for the PRC Law on the Administration of the Levy and Collection of Taxes (国务院中华人民共和国税收征收管理法实施细则) (the new rules), which are effective from October 15 2002. The new rules supersede the previous rules of the same name that were adopted on August 4 1993 (the old rules). We highlight below the significant changes in the new rules, which were implemented as part of China's continuing efforts to create a comprehensive and enforceable tax collection system.