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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (2151)12/19/2003 3:15:32 PM
From: RealMuLan  Read Replies (1) | Respond to of 6370
 
Looks like joint adventures/foreign companies in China will soon lost their tax advantages in China.<g> The new Chinese tax law will tax both domestic and foreign/joint adventure companies at the same rate, which will be 25%. Now the real tax rate for domestic companies is almost twice as high.