Taxes and You - Your Life, Business, and Guide to China

Taxes and You - Your Life, Business, and Guide to China
Apr 12, 2013 04:18
guest19612	Chinese Tax and Your Business – What You Should Know In This Article You Will Learn: What Are the Basics of Taxation in China? What Is Your Enterprise Income Tax? How Do Withholding Taxes Affect You? How Much Is Your Chinese Individual Income Tax? How Does Chinese Business Tax Affect You? What Are Rates of Chinese Value-Added-Tax For Expats? Consumption Tax – How May It Affect Your Business? Where Can You Learn More About Taxes in China? What Are the Basics of Taxation in China? Understanding the Chinese Tax Collection System – China Taxes – What Are They? Over the past decades, China has made efforts to establish a modern, rational and efficient tax system that keeps pace with the transformation of a command economy into a market oriented economy. China has developed a two-tier system for levying taxes whereby certain taxes are collected by State Tax Bureau and others by Local Tax Bureau. Every tax levied in the PRC can be classified as a central tax, local tax, or a shared tax. Generally speaking, the State Tax Bureau is responsible for the levy and collection of the central taxes which constitute the revenue of the central government and the shared taxes which are revenue shared between the central and local governments. The Local Tax Bureau is responsible for the collection of local taxes which constitute the revenue for the local governments concerned. The State Tax Bureau will directly pay the portion of taxes shared by the local governments collected by it into the local government treasury. Introduction to major heads of taxes which may have implications on FIEs and foreigners is set out in section “Enterprise income tax” to section “Consumption tax” below. Chinese Tax Rates and Your Business ... Continued Where Can You Learn More About Taxes in China? Contact bstarts.com\|jonathan.s to learn more. Or Visit http://www.mybusinesschina.com

Apr 12, 2013 04:18

guest19612

Chinese Tax and Your Business – What You Should Know
In This Article You Will Learn:

What Are the Basics of Taxation in China?
What Is Your Enterprise Income Tax?
How Do Withholding Taxes Affect You?
How Much Is Your Chinese Individual Income Tax?
How Does Chinese Business Tax Affect You?
What Are Rates of Chinese Value-Added-Tax For Expats?
Consumption Tax – How May It Affect Your Business?
Where Can You Learn More About Taxes in China?
What Are the Basics of Taxation in China?

Understanding the Chinese Tax Collection System – China Taxes – What Are They?
Over the past decades, China has made efforts to establish a modern, rational and efficient tax system that keeps pace with the transformation of a command economy into a market oriented economy. China has developed a two-tier system for levying taxes whereby certain taxes are collected by State Tax Bureau and others by Local Tax Bureau. Every tax levied in the PRC can be classified as a central tax, local tax, or a shared tax. Generally speaking, the State Tax Bureau is responsible for the levy and collection of the central taxes which constitute the revenue of the central government and the shared taxes which are revenue shared between the central and local governments. The Local Tax Bureau is responsible for the collection of local taxes which constitute the revenue for the local governments concerned. The State Tax Bureau will directly pay the portion of taxes shared by the local governments collected by it into the local government treasury. Introduction to major heads of taxes which may have implications on FIEs and foreigners is set out in section “Enterprise income tax” to section “Consumption tax” below.

Chinese Tax Rates and Your Business ... Continued

Where Can You Learn More About Taxes in China?

Contact bstarts.com|jonathan.s to learn more.
Or Visit http://www.mybusinesschina.com

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