Ministry of Finance and State Administration of Taxation, Policies Relevant to Individual Income Tax on Dividends and Bonuses Circular

财政部、国家税务总局关于股息红利个人所得税有关政策的通知

July 02, 2005 | BY

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Issued: June 13 2005Effective: as of date of issueMain contents: The Circular states that income from dividends and bonuses received by individual investors…

Clp Reference: 3230/05.06.13 Promulgated: 2005-06-13 Effective: 2005-06-13

Issued: June 13 2005
Effective: as of date of issue

Main contents: The Circular states that income from dividends and bonuses received by individual investors from listed companies shall be temporarily discounted by 50% and included in individual taxable income. Individual income tax shall be calculated and levied in accordance with the prevailing tax laws.
Full text is available at our office.

clp reference:3230/05.06.13
promulgated:2005-06-13
effective:2005-06-13

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