Recently, the state Tax administration Issue of non residents Corporate income tax A notice on management of certain issues (State Administration of Taxation Announcement No. twenty-fourth 2011) makes clear six aspects of the management of income tax for non resident enterprises.
The issue of withholding enterprise income tax due to the payment due to maturity, the tax treatment of guaranty fees, the Taxation on the transfer of the right to the use of land, the tax treatment of the lease of the real estate and the dividends, dividends and so on. Equity investment The issue of income withholding enterprise income tax and the relevant issues concerning the implementation of the Circular of the State Administration of Taxation on strengthening the management of enterprise income tax obtained from the transfer of shares of non resident enterprises are clearly defined.
The notice shall come into force on April 1, 2011. Matters that occur before the announcement of the execution but not for tax treatment shall be carried out according to the announcement.