Abstract
The Enterprise Income Tax Law—EITL, also known as Company Income Tax—CIT, has entered into force on January 1, 2008, eliminating the distinction between local companies and foreign companies by ensuring a 5-year transition period to whoever has previously enjoyed significant tax benefit and gradually increasing the tax rate of 1–3 % per year until the new flat rate of 25 %.
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© 2013 Springer International Publishing Switzerland
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Riccardi, L. (2013). Company Income Tax. In: Chinese Tax Law and International Treaties. Springer, Heidelberg. https://doi.org/10.1007/978-3-319-00275-0_3
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DOI: https://doi.org/10.1007/978-3-319-00275-0_3
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Publisher Name: Springer, Heidelberg
Print ISBN: 978-3-319-00274-3
Online ISBN: 978-3-319-00275-0
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