Ministry of Finance and the State Administration of Taxation, Circular on Income Tax Issues of Partners of Partnerships
财政部、国家税务总局关于合伙企业合伙人所得税问题的通知
March 17, 2009 | BY
clpstaff &clp articles &Losses in partnerships not allowed to be used to deduct other companies' profits.
Issued: December 23 2008
Effective: January 1 2008
Main Contents: The Circular specifies the method for apportionment of taxable income among partners of partnerships.
Related Legislation: PRC Enterprise Income Tax Law, Mar 16 2007, CLP 2007 No.3 p.21; PRC Individual Income Tax Law (5th Revision), Dec 27 2007; Provisions for the Levy of Individual Income Tax on Investors in Wholly Individually-owned Enterprises and Partnerships, Sep 19 2000, CLP 2000 No.10 p.9; and Circular on Issues Relevant to the Revision of the Rates of Pre-tax Deductions from Individual Income Tax of Family Proprietorships, Wholly Individually-owned Enterprises and Partnerships, Jun 3 2008, CLP 2008 No.6 p.79
clp reference:3230/08.12.23prc reference:财税 [2008] 159号promulgated:2008-12-23effective:2008-01-01This premium content is reserved for
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