The Ministry of Finance Decree of the Ministry of Finance of the People’s Republic of China No.11 Decision of the Ministry of Finance on Annulment of Some Regulations and Regulatory Documents has been passed based on consensus reached Minister of the Ministry of Finance Xiang Huaicheng December 21, 2001 Decision of the Ministry of Finance on Annulment of Some Regulations and Regulatory Documents To cope with the new situation ushered in by China’s Accession to the WTO and implement the overall planning of the State Council, 1. The following two documents are nullified as of December 11, 2001: a. Circular for Printing and Issuing the Interim Provisions on the Employment of Tariff Measures to Promote the Nationalization of Light b. Circular for Implementing the Preferential Taxation Measures for the Nationalization of Camcorders (ShuiWeiHui [1994] No.7) 2. The following document whose application term has expired is announced invalid: Circular on Issues Concerning the Taxation Policy for Enterprises with Foreign Investment Approved and Established Before December 3. The following four documents whose application has been terminated by related documents are hereby notified: a. Circular on Issues Concerning the Practice of “Collect First and Refund Later” for the Value-added Tax on Commercial Enterprises in b. Circular on Issues Concerning the Continuance of the Practice of “Collect First and Refund Later” for the Value-added Tax on Commercial c. Interim Measures for the Refund of Value-added Tax on Imported Equipment That Cannot Be Made Domestically for Technical Renovation d. Measures of the Central Government on the Financial Refund of Income Tax on Foreign Trading Enterprises (CaiWaiZi [2000] No.16 of
The catalog of documents to be reviewed will be announced later. |
The Ministry of Finance
2001-12-21