CEPA and Tax Practice

Author: Guangdong Provincial State Taxation Administration
Publisher:
Publish Date: 2004-06-01
Features: This book provides a comprehensive and detailed introduction to the tax systems and tax handling issues involved in the 18 areas covered by the Closer Economic Partnership Arrangement (CEPA) between Mainland China and Hong Kong and Macau. The book is divided into eight chapters, covering: the opening of service trade under CEPA, the main taxes applicable to CEPA, the main tax regulations involved in CEPA business, the main tax preferential policies related to CEPA-related business, tax collection issues for resident representative offices, tax regulations for temporary visits to Mainland China for business, foreign-related tax management, and appendices.
The book also provides a detailed introduction to the tax payment regulations for the relevant business activities in the 18 fully open trade areas between Mainland China and the Hong Kong and Macau regions, covering business tax, value-added tax, consumption tax, income tax for foreign-invested enterprises and foreign enterprises, individual income tax, land value-added tax, stamp duty, urban real estate tax, vehicle and vessel license tax, and deed tax.
This book offers a detailed and specific introduction to the new tax systems applicable to the 18 fully open trade areas between Mainland China and the Hong Kong and Macau regions, explaining their scope of application, target groups, implementation methods, and more. It is highly instructive and practical, making it of great significance for enterprises and individuals in Hong Kong and Macau to understand the tax issues involved in the currently open areas.
This book is suitable for enterprises, resident representative offices, and operating institutions and individuals in Hong Kong and Macau who come to invest in Mainland China, as well as for tax authorities at all levels, relevant government departments, universities, and tax research institutions in Mainland China. The publication of this book will greatly assist the aforementioned enterprises, institutions, and individuals in understanding the tax systems related to the 18 fully open trade areas between Mainland China and the Hong Kong and Macau regions.