State Administration of Taxation, Issues Concerning the Strengthening of the Follow-up Administration after Abolishing the Examination and Approval Requirement for Changing the Place of Settlement of Individual Income Tax Accounts by Partnership Enterprise Investors Circular

Issued: June 29 2004

Main contents: The State Administration of Taxation has decided to abolish the examination and approval requirement for changing the place of settlement of individual income tax accounts by partnership enterprise investors. One of the criteria for changing the place of settlement of individual income tax accounts is that it is within five years when such a place was last chosen but the operating enterprise of that place terminates its business or its investors terminate their investment in that place (Item One).
Related legislation: Ministry of Finance and State Administration of Taxation, Issue of the «Levy and Collection of Individual Income Tax on Investors in Wholly Individually-owned and Partnership Enterprises Provisions»Circular, 2000; Administrative Licensing Law and PRC Administration of Tax Collection Law (Revised), Apr 28 2001, CLP 2001 No.5 p12