To encourage technology imports and standardize the procedure for tax reductions and exemptions, this Circular states that a foreign investor who wishes to apply for an income tax reduction or exemption may entrust the technology import transferee to carry out the relevant procedures.
This Circular address issues of income tax on the stock options of employees, nature of the income from stock options, domestic and foreign sources of income, and calculation of tax payable.
The Decisions state that the entry of non-upblicly owned capital into specified cultural sectors is encouraged and supported.
The Procedures are concerned with the uploading of the pricing of electric power on to grids and reform of the electric power system of China.
The Procedures aim to set prices for the transmission and distribution of electricity, and to promote the development of power grids.
The Procedures are concerned with the setting of sales prices for electricity, in order to allocate electric power resources and to provide legal protection to electric power enterprises and users.
The Opinions deal with the issues regarding determination of liability for damages for copyright infringements. This is the first guidance on copyright infringements liabilities in China.
The Procedures clarify that "branded automobile sales" do not require the establishment of 4S shops, but a unified shop name, logo or trademark under which automobile business activities of automobile suppliers or their authorized branded automobile dealers are engaged in.
The main focus of the Procedures is to administrate the relevant transactions and market risks brought by commercial banks that are shareholders of fund management companies.
The Procedures deal with the investments, approval procedures, industry rules, and administration of foriegn investment in the leasing industry.