State Taxation Administration Seeks Public Comment on Draft Measures for Corporate Income Tax Administration of Non-Resident Enterprise Institutions and Establishments

36Kr has learned that, to adapt to the development of new economy and emerging business models and to create a rule-of-law, fair tax business environment, the State Taxation Administration, on the basis of in-depth research and extensive solicitation of opinions and suggestions, has formulated the Draft Measures for Corporate Income Tax Administration of Non-Resident Enterprise Institutions and Establishments and is now opening them to public comment. The aim is to further standardize the collection and administration of enterprise income tax for non-resident enterprises that set up institutions or establishments within China, and to reduce the tax-handling burden on non-resident enterprises and withholding agents.