Getting Prepared for the New Income Tax Law

The long-waiting China unified corporate income tax law （＂CIT Law＂） was finally promulgated on March 16, 2007 and will become effective from January 1, 2008. Although the Government is still working on the details of the detailed implementation rules, the major changes include revamped tax benefits, the reintroduction of dividend withholding tax on dividends paid to foreign shareholders,第一段]

Getting Prepared for the New Income Tax Law