皇冠体育app

   

Finance: Tax incentives in central regions

(Shanghai Daily)
Updated: 2006-09-29 14:55

Foreign investors in 皇冠体育app's central regions can now enjoy favorable tax policies, said a senior official with the State Administration of Taxation.

SAT Deputy Director Wang Li told the First Central 皇冠体育app Investment and Trade Expo in Changsha, Hunan Province, that if foreign investors reinvested the profits generated from their businesses in 皇冠体育app in other enterprises in the country or raised their registered assets for at least five years, the government would give a 40 percent rebate on taxes paid on the reinvested capital.

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