china law
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What's the tax rate on the income of foreign investment enterprises and foreign enterprises?

What's the tax rate on the income of foreign investment enterprises and foreign enterprises?

The enterprise income tax rate charged to foreign investment enterprises and foreign enterprises for the income of their organizations and sites dealing in production and business operations in China is calculated based on a tax rate of 30 per cent. The local income tax rate is 3 per cent. Altogether, that's a total of 33 per cent.

 


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