中华人民共和国外商投资企业和外国企业所得税(18)

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)

upon approval by the competent department for tax affairs under the State

Council, be levied at the reduced rate of ten percent. Where the

technology supplied is advanced or the terms are preferential, exemption

from income tax may be allowed.

Apart from the aforesaid provisions of this Article, if preferential

treatment in respect of reduction of or exemption from income tax on

profit, interest, rental, royalty and other income is required, it shall be regulated by the State Council.

Article 20

The tax authorities shall have the right to inspect the financial,

accounting and tax affairs of enterprises with foreign investment and

establishments or places set up in China by foreign enterprises to engage

in production or business operations, and have the right to inspect