文档介绍：< 0 >n Shira & AssociatesCHINA TAX OVERVIEW & CIT UNIFICATION UPDATE? 2007 Dezan Shira & Associates Ltd. All rights reserved. < 1 >x Part OneChina CIT UnificationPart ThreeImplementation Rule of EIT & FEIT . New Rule< 2 > One China CIT Unification< 3 > One: China CIT Unification5Expenses Deduction4Grandfathering Rule312Residence ConceptTax RateTax Incentives< 4 >dence ConceptTax ImplicationDefinition Item Tax on China-sourced eEnterprises established outside ChinaNon-China tax residentForeign enterprises established outside China but its effective management is based in ChinaTax on worldwide eEnterprises established in ChinaChina tax resident< 5 >ple Help You to Understand the Definition< 6 >lusion of the SamplePay tax as e derived from outside ChinaPay tax as residencePE, pay e derived from ChinaNew LawCurrent Tax LawSource of e < 7 >enses Deduction4Grandfathering Rule312Residence ConceptTax RateTax IncentivesPart One: China CIT Unification< 8 > Changes—Tax es derived from profits, interest, rentals, royalties and other es from sources in %(Reduced to 10%)Withholding e Tax (“WHT”)Small and thin-profit enterprises20%Reduced RateMost enterprises25%Standard RateApplicable EnterprisesTax rateItem< 9 >stration for small and thin profit enterpriseTax rate20%?Recognition criteria For manufacturing enterprisesTotal assets < RMB 30 Million Total employees <100 persons Taxable e < RMB 300,000For non-manufacturing enterprises Total assets < RMB 10 Million Total employees < 80 persons Taxable e < RMB 300,000