News Archiv

18/04/11 - SAT Strengthens the Collection and Administration of Individual Income Tax of High-income Individuals

State Administration of Taxation (SAT) promulgated the Circular on Strengthening the Collection and Administration of Individual Income Tax of High-income Individuals (the Circular). The Circular clarifies to reinforce the tax collection and administration on incomes incurred by the individual's transfer of equities in non-listed companies and to emphasize supervisions on tax-related matters in connection with listed companies' activities prior to the initial public offering, including increasing capitals and expanding shares, transferring equities and introducing strategic investors.

WTS Alliance RSS Feed WTS YouTube channel
© 2020 WTS China Co., Ltd. All rights reserved. 沪ICP备19046612号-1