The Guidelines set forth the conditions with which an insurance asset management company or trust company shall comply when engaging in the infrastructure bond investment plan business.
The Circular sets forth the criteria under which a venture investment enterprise may enjoy tax reduction for investment in an unlisted small or medium high and new technology enterprise.
Labelling for staple and non-staple foodstuffs exclusively for infants/small children and for other specific population segments shall additionally indicate the main nutrients and their quantities.
The Circular states that conduit companies are not beneficial owners. It also sets forth factors that are not conducive to the recognition of an applicant's status as a beneficial owner.
These Measures shall apply to non-tax-residents with tax obligations in China that wish to avail themselves of the treatment under the agreements for the avoidance of double taxation executed by China with foreign governments and regions.