Mainly taxation
2009.04.24

 

Central tax ( national tax)

taxation

levy range

tax rate

remarks

Enterprise income taxes

a enterprise production, operation and other income

Basic tax rate 30%

Preferential Tax Rate refer to “investment policies”

Value-added tax

Providing sales of goods, provision of processing, repair, as well as imported goods etc services in China.

Common taxpayer

Basic tax rate 17%

Lower tax rate can only be the same with:
a. foodstuff, edible oil;
b. tap water, air conditioning, central heating, hot water, gas, LPG, natural gas, methane, civilian use charcoal;
c. books, newspapers, magazines;
d. feedstuff, fertilizer, pesticide, farming machine, farming film;
e. farm produce;
f. exploitation output from metal mine and nonmetal mine
g. other goods set by State Council.
- The basic tax rate is suitable for other sale of goods, imports and processing, repair service except the lower tax rate goods mentioned above.

Lower tax rate13%

taxpayer in miniature
tax rate
6% or 4%

excise

Income from 11 categories of special consumer goods which production, OEM and imported in China according to the “Interim Regulation on Consumption Tax”.

tax rate:
3% - 50%

11 categories of special consumer goods set by the “Interim Regulation on Consumption Tax”: Tobacco, wine and alcohol, cosmetic, skin and hair care, valuable jewelry, firecracker and firework, gas, diesel oil, cartwheel, motorcycle, car.

ration tax rate: for yellow wine, beer, gas, diesel oil

tariff

importing goods

 

- refer to “customs tariff”



Local Tax

taxation

levy range

tax rate

remarks

Sales tax

Providing taxable services, transfer of intangible assets, selling real estate in China.

traffic transportation, architecture, telecom, culture and physical industry

3%

 

finance and insurance, service industry, transfer of intangible assets, selling real estate

5%

entertainment industry

20%

enterprise income taxes

Enterprises income derived from production and operation and other ways.

3%

Preferential Tax Rate refer to “investment policies”

Personal income tax

Taxation income from individuals (natural persons).

5% - 45% nine level progressive rates

 

Urban real estate tax

House property

1.2%

- taxation according as: 70% of the original value of property

Land Appreciation Tax

income from the transfer of State-owned land use rights buildings and their attached facilities

30% - 60% four level progressive rates