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

clpstaff &clp articles

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

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]