中华人民共和国外商投资企业和外国企业所得税(15)

中华人民共和国外商投资企业和外国企业所得税法(英文版)

If the financial and accounting bases adopted by an enterprise with

foreign investment and an establishment or a place set up in China by a

foreign enterprise to engage in production or business operations

contradict the relevant regulations on tax of the State Council, tax

payment shall be computed in accordance with the relevant regulations on

tax of the State Council.

Article 18

When any enterprise with foreign investment goes into liquidation, and if

the balance of its net assets or the balance of its remaining property

after deduction of the enterprise's undistributed profit, various funds and liquidation expenses exceeds the enterprise's paid-in capital, the

excess portion shall be liquidation income on which income tax shall be