In an "Expanding China Business Series 1" seminar organized by the Hong Kong Small and Medium Enterprises Association and the University of Hong Kongs School of Professional and Continuing Education, some speakers expressed the view that small and medium enterprises must be familiar with the local taxation system when developing their businesses in the Mainland. , In order to ensure the smooth development of business.
Beijing Beichen (588) reported an operating profit of 11.8% in the first half of this year, but its net profit dropped 10.4%. This year, the State Council requested the local government to cancel the 15% tax rebate for listed companies. % Profits Tax, which is 18% more tax than before.
The Income Tax Law of the Peoples Republic of China on Foreign-funded Enterprises and Foreign Enterprises (hereinafter referred to as the New Tax Law) encourages the development of foreign-invested enterprises on favorable terms. Compared with the original two foreign-related income tax laws, The principle of good, which in the new provisions on the relevant provisions of the tax law has made specific provisions. As the accounting work is based on the relevant laws and regulations of the country for financial accounting and financial supervision, the implementation of national policy is the specific substantive work, it can not be independent of the provisions of the Government