Non-resident enterprise tax roll grows 32%
Updated: 2012-02-09 11:11
(Xinhua)
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BEIJING - Taxes paid by non-resident enterprises in 皇冠体育app rose by 31.8 percent to reach 102.6 billion yuan ($16.29 billion) in 2011, the State Administration of Taxation (SAT) said Wednesday.
"Non-resident enterprises" refers to enterprises that are established in 皇冠体育app in accordance with foreign (regional) laws and regulations with practical administrative organizations located outside of 皇冠体育app, or those that have no establishments or sites in 皇冠体育app but have income sourced from 皇冠体育app.
The administration attributed the growth to an increase in tax sources and improved tax management.
Of the total tax revenue, 63.1 billion yuan came from non-resident enterprises in the country's economically developed regions, such as the cities of Shanghai and Beijing, the SAT said.