State Administration of Taxation, Announcement on Issues Relevant to the Implementation of the Preferential Income Tax Policies for High and New Technology Enterprises
国家税务总局关于实施高新技术企业所得税优惠政策有关问题的公告
September 16, 2017 | BY
Susan Mok &clp articles &Preferential tax periods for high and new technology enterprises clarified.
Issued: June 19 2017
Applicability: The Announcement applies to the final settlement of enterprise income tax for the fiscal year of 2017 and after. High and new technology enterprises recognized in accordance with the Measures for the Administration of the Recognition of High and New Technology Enterprises (Revised) as of January 1 2016 shall observe this Announcement (Article 4).
Main contents: Once an enterprise has secured the status of a high and new technology enterprise, it shall apply for and enjoy the preferential tax policies from the year in which the date of issuance of its certificate for a high and new technology enterprise as indicated on such certificate falls and carry out record filing procedures with the competent tax authority in accordance with provisions.
In the year that an enterprise's status as a high and new technology enterprise expires and before it is recognized anew as such, its enterprise income tax shall provisionally be paid in advance at the rate of 15%, and if it fails to re-secure its status as a high and new technology enterprise before the end of the year, it shall pay the unpaid portion of its enterprise income tax for the period in question in accordance with provisions (Article 1).
Related legislation: Measures for the Administration of the Recognition of High and New Technology Enterprises (Revised), 2016 and Guidelines on the Administrative Work for the Recognition of High and New Technology Enterprises, 2016
Repealed legislation: Announcement on Issues Concerning the Pre-payment of Enterprise Income Tax During the Review of the Qualifications of High and New Technology Enterprises, 2011
clp reference:3230/17.06.19 issued:2017-06-19Issued: June 19 2017
Applicability: The Announcement applies to the final settlement of enterprise income tax for the fiscal year of 2017 and after. High and new technology enterprises recognized in accordance with the Measures for the Administration of the Recognition of High and New Technology Enterprises (Revised) as of January 1 2016 shall observe this Announcement (Article 4).
Main contents: Once an enterprise has secured the status of a high and new technology enterprise, it shall apply for and enjoy the preferential tax policies from the year in which the date of issuance of its certificate for a high and new technology enterprise as indicated on such certificate falls and carry out record filing procedures with the competent tax authority in accordance with provisions.
In the year that an enterprise's status as a high and new technology enterprise expires and before it is recognized anew as such, its enterprise income tax shall provisionally be paid in advance at the rate of 15%, and if it fails to re-secure its status as a high and new technology enterprise before the end of the year, it shall pay the unpaid portion of its enterprise income tax for the period in question in accordance with provisions (Article 1).
Related legislation: Measures for the Administration of the Recognition of High and New Technology Enterprises (Revised), 2016 and Guidelines on the Administrative Work for the Recognition of High and New Technology Enterprises, 2016
Repealed legislation: Announcement on Issues Concerning the Pre-payment of Enterprise Income Tax During the Review of the Qualifications of High and New Technology Enterprises, 2011
clp reference:3230/17.06.19 issued:2017-06-19This premium content is reserved for
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