Aug 10
30

SAT Clarifies Treatment of Land Appreciation Tax on Transfer of Certain Infrastructure

Aug. 30 – The State Administration of Taxation issued a tax circular late last month affirming that the transfer of certain infrastructure constructed on a piece of land is subject to land appreciation tax. Issued in response to a request from the Xiamen municipal tax bureau, Guoshuihan [2010] No. 347 clarifies the treatment of land appreciation [...]

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Posted in Finance, Tax & Accounting by China Briefing Comments Off

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