China’s Corporate Income Tax Law: 锚点锚点Tax Rate
China’s Corporate Income Tax Law: Tax Rate
The tax rate of corporate income tax is the statutory ratio used to calculate the amount of corporate income tax payable. According to the latest Corporate Income Tax Law of the PRC, enacted in 2008 (hereinafter referred to as the Corporate Income Tax Law), the general tax rate of corporate income tax is 25%. Where a non-resident enterprise does not have a branch or premise within the territory of the PRC, or has a branch or premise within the territory of the PRC but its income is not actually related to such branch or premise, it shall pay corporate income tax on its income from sources in the PRC at a tax rate of 20%. The tax rate of corporate income tax for qualified small and low-profit enterprises shall be reduced to 20%. The tax rate of corporate income tax for high-tech enterprises that qualify for special support from the State shall be reduced to 15%.
Practising lawyers
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Robert Zhang
An international lawyer registered in Shanghai, China. Master's degreePublish…
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Steve Li
An international lawyer registered in Shanghai, China. Master's degreePublish…
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