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    What Is Tax-Free Income?

    2010/12/10 15:12:00 72

    Tax-Free Income Tax

      

    Tax-free income

    It refers to taxable income belonging to an enterprise.

    tax law

    It stipulates exemption from income from enterprise income tax.

    The tax exemption income referred to in the Draft Tax Law includes interest income from treasury bonds, dividends and bonus income between eligible residents, non residents who establish establishments and establishments in China.

    enterprise

    From the residents' enterprises, they get dividends, bonus income and the income of the non-profit public welfare organizations that are in line with all the actual connections between the institution and the field.

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    What Is The Principle Of Independent Trading?

    The principle of independent paction, also called "fair and independent principle", "fair trading principle", "normal paction principle" and so on, refers to the principle of completely independent and unrelated enterprises or individuals, dealing with their mutual income and expenses allocation according to the pricing standard or price adopted under market conditions.

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