Circular of the Ministry of Finance and the State Administration of Taxation on Issues concerning Individual Income Tax Policies
Circular of the Ministry of Finance and the State Administration of Taxation on Issues concerning Individual Income Tax Policies
[Lexis China Comments]
Pursuant to the Announcement of the Ministry of Finance and the State Taxation Administration on Relevant Matters Concerning Individual Income Tax Policies for Dividends and Bonuses Received by Foreign Individuals (Announcement of the Ministry of Finance and the State Taxation Administration [2026] No. 27), Item 8 of Section II of this document has been repealed.
Circular of the Ministry of Finance and the State Administration of Taxation on Issues concerning Individual Income Tax Policies
Cai Shui Zi [1994] No. 20
May 13, 1994
The financial departments (bureaus) and tax bureaus of various provinces, autonomous regions and municipalities directly under the Central Government, the financial bureaus and tax bureaus of various cities in the specifically designated state plan and various sub-bureaus of Offshore Oil Tax Administrative Bureau,
In accordance with the essence of the related stipulations of the Individual Income Tax Law of the People's Republicof China and the Implementing Regulations thereof, the Circular On Some Policy Issues Concerning Individual Income Tax is hereby given as follows:
I. Issues concerning the levying of tax on individual industrial and commercial units
1. The expense deducting standard for the proprietors of individual industrial and commercial units and the wage deducting standard for the employees shall be determined by the tax bureaus of various provinces, autonomous regions and municipalities.
......
Pursuant to the Announcement of the Ministry of Finance and the State Taxation Administration on Relevant Matters Concerning Individual Income Tax Policies for Dividends and Bonuses Received by Foreign Individuals (Announcement of the Ministry of Finance and the State Taxation Administration [2026] No. 27), Item 8 of Section II of this document has been repealed.
Circular of the Ministry of Finance and the State Administration of Taxation on Issues concerning Individual Income Tax Policies
Cai Shui Zi [1994] No. 20
May 13, 1994
The financial departments (bureaus) and tax bureaus of various provinces, autonomous regions and municipalities directly under the Central Government, the financial bureaus and tax bureaus of various cities in the specifically designated state plan and various sub-bureaus of Offshore Oil Tax Administrative Bureau,
In accordance with the essence of the related stipulations of the Individual Income Tax Law of the People's Republicof China and the Implementing Regulations thereof, the Circular On Some Policy Issues Concerning Individual Income Tax is hereby given as follows:
I. Issues concerning the levying of tax on individual industrial and commercial units
1. The expense deducting standard for the proprietors of individual industrial and commercial units and the wage deducting standard for the employees shall be determined by the tax bureaus of various provinces, autonomous regions and municipalities.
......