acca2.3教程acca.3教程2.3教程.doc

Contents 1、 income Tax on Corporate Business (EIT) 3 2、Income Tax on Foreign Investment Enterprises (FELT) 19 3、Value Added Tax (VAT) 36 4、Business Tax (BT) 50 5、Customs Duty (CD) 59 6、Stamp Tax (ST) 67 7、Land Appreciation Tax (LAT) 73 8.、Income Tax on Individuals as Employees or Individual 78 Enterpriser (IIT) 9、Overview of Tax System and Administration 95 Appendix Past examination papers analysis 106 Income tax on corporate business (EIT) 1 TAXPAYER Income tax on corporate business refers to the income tax imposed on domestic enterprise. The taxpayers that subject to the tax are enterprises or organization which are independently economically accountable entities, including state-owned enterprises, collective enterprises, private enterprises, joint enterprises, joint-stock companies and other organizations with operational income and other income. State-owned enterprises are enterprises owned by the people through public agencies and governmental bureaus and registered pursuant to relevant government regulations. Collective enterprises thats mean of production is collectively owned. Private enterprises are enterprises whose means of production are owned by individuals. Joint enterprises are enterprises owned by several parties. Joint-stock enterprises are enterprises whose registered capital is in the form of stock. Other organizations are entities with production, operation and other income, such as institutions and social groups. 2. BASIS OF ASSESSMENT Taxable income =Total income -- deductible items The total income includes income from production and operation, income from property transfers, income from interest, leasing, royalties, dividends and other income that obtained within and outside China. To avoid double taxation, tax paid overseas can be used as a tax credit. The total income includes: Income from production and operation refers to the revenue from the taxpayers major business activities. It refers to the income f