中华人民共和国外商投资企业和外国企业所得税(17)

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)

local tax

authorities.

Income tax shall be exempted or reduced on the following income:

(1) the profit derived by a foreign investor from an enterprise with

foreign investment shall be exempted from income tax;

(2) income from interest on loans made to the Chinese government or

Chinese State banks by international financial organizations shall be

exempted from income tax;

(3) income from interest on loans made at a preferential interest rate to Chinese State banks by foreign banks shall be exempted from income tax; and

(4) income tax of the royalty received for the supply of technical know-

how in scientific research, exploitation of energy resources, development

of the communications industries, agricultural, forestry and animal

husbandry production, and the development of important technologies may,