| No. | Item | Tax Rate |
|
1 |
Geographical policy
Production-oriented enterprises established in a) Special Economic Zone, and Economic & Technology Development Zone
b) Coastal area |
15%
24% |
| 2 | Newly established enterprise policy
Production-oriented enterprises with operating period over 10 years
|
First 2-year exemption followed by 3-year half deduction |
| 3 | Re-investment policy
Re-invest the profit of FIE to itself or set up another FIE |
40% refund of the paid CIT |
| 4 | Withholding tax
a) Dividend from FIE b) Interest of the loan from international financial institutions to Chinese government c) Interest of the loan from foreign bank to Chinese bank d) Royalties for R&D, resource development, public transportation, production of agriculture, forest, and animal husbandry, and development of important technology |
0%
0%
0%
0-10%
|
What is the framework of privileged CIT?
Published on 2018-05-14
