Investment securities temporarily fund the state has adopted preferential taxation.

<CENTER Class=artibody> </ CENTER> <P> It http:// News, 19, learned from the State Administration of Taxation, Ministry of Finance, the State Administration of Taxation recently issued the "number of preferential policies on enterprise income tax," which .securities investment funds in which to encourage development of tax incentives provisions. .</ P> <P> notification requirement on securities investment funds gained from the stock market income, including trading of stocks, bonds, income difference, stock dividend, dividend income, bond interest income and other income, temporarily collect a .income tax; on the distribution of investors in securities investment funds from the income derived from corporate income tax temporarily; on securities investment fund managers use the Fund buying and selling stocks, bonds, spread income, corporate income tax temporarily. .</ P> <P> High-tech circular also provides for preferential enterprise income tax: If the software manufacturer Jizhengjitui VAT tax refund policies, by the enterprises for research and development of software products and expanded reproduction, not .taxable income as corporate income tax, no corporate income tax; within the newly established software enterprises have been determined, the self-profitable year, the first and second year exemption from corporate income tax, the third to fifth year .corporate income tax. .</ P> <P> The circular also stipulates that in order to ensure some industries, business continuity in the implementation of tax incentives, related to employment and reemployment, the Olympic Games and World Expo, social welfare, debt-equity swap, checked assets, reorganization, restructuring, .restructuring and other enterprise reform, and agriculture-related enterprises and the state reserves to continue to implement tax policies. .</ P> <P> notice also pointed out that January 1, 2008 the formation of foreign-invested enterprises before the cumulative retained earnings, after 2008 be allocated to foreign investors, are exempted from corporate income tax; 2008 and subsequent years foreign .New profit sharing investment enterprises to foreign investors, according to income taxation. .</ P> <P> laws: the implementation of preferential corporate income tax due in the table </ P> <P> categories </ P> <P> number </ P> <P> file name </ P> <P .> Notes </ P> <P> one, employment and reemployment policies </ P> <P> 1 </ P> <P> Ministry of Finance State Administration of Taxation on re-employment of laid-off workers notice about the tax policy issues (taxation .[2002] No. 208) </ P> <P> approved before the end of 2005 to enjoy the tax reduction policy, the re-employment enterprises enjoy in the remaining period to maturity </ P> <P> 2 </ P> <P> .Ministry of Finance State Administration of Taxation on re-employment of laid-off workers issues related to tax policy (Caishui [2005] 186) </ P> <P> policy approval time the end of 2008 </ P> <P> Second, the Olympic .Hopewell Expo policy </ P> <P> 3 </ P> <P> State Administration of Taxation General Administration of Customs Ministry of Finance, the 29th Olympic Games on tax policy issues (Caishui [2003] 10) </ P> .<P> Beijing Olympic Games are over and stop the execution after the end of the financial settlement </ P> <P> Ministry of Finance State Administration of Taxation on the 29th Olympic Games added Tax Policies (Cai Shui [2006] No. 128) </ P .> <P> 4 </ P> <P> Ministry of Finance State Administration of Taxation on the 2010 Shanghai World Expo issues related to tax policy (Caishui [2005] No. 180) </ P> <P> the end of World Expo and the Shanghai World Expo Bureau .Stop execution after the end of the financial settlement </ P> <P> the Ministry of Finance State Administration of Taxation on the addition of Shanghai World Expo Operations Limited will enjoy preferential taxation policies of Shanghai World Expo Reply (Cai Shui [2006] No. 155) </ P> <P> .Third, Duhui Gong Yi policy </ P> <P> 5 </ P> <P> the Ministry of Finance State Administration of Taxation on the extension of the production and assembly of specialized products for disabled persons exempt from income tax the implementation of enterprise notification period (Cai Shui [2006] .148) </ P> <P> </ P> <P> Fourth, debt-equity swap, checked assets, reorganization, restructuring, corporate restructuring and other reform policies </ P> <P> 6 </ P> <P .> Ministry of Finance State Administration of Taxation on tax policy relating Debt to Equity (Caishui [2005] 29) </ P> <P> </ P> <P> 7 </ P> <P> Ministry of State .Administration of Taxation on tax treatment of the central issues related to corporate and capital verification notice (Cai Shui [2006] No. 18) </ P> <P> </ P> <P> 8 </ P> <P> the Ministry of Finance State Administration of Taxation .Bureau of Scientific Research institutions on the extension of the implementation of the relevant period of notice of tax policy (fiscal [2005] 14) </ P> <P> </ P> <P> 9 </ P> <P> Ministry of Finance, State Tax Administration of Customs .General operating on the cultural system in the restructuring of public institutions after the husband of a number of business tax policy issues (Caishui [2005] 1) </ P> <P> </ P> <P> General Administration of Customs Ministry of Finance .State Administration of Taxation on the cultural system reform in ten feet of industrial development to support a number of tax policy issues (Caishui [2005] 2) </ P> <P> </ P> <P> five agriculture-related and national reserve .Policy </ P> <P> 10 </ P> <P> Ministry of Finance State Administration of Taxation on the pilot chain for agricultural products preferential tax policies (Caishui [2007] 10) </ P> <P> </ .P> <P> 11 </ P> <P> Ministry of Finance State Administration of Taxation on radio and television coverage of tax policy (Caishui [2007] 17) </ P> <P> </ P> <P .> 12 </ P> <P> the Ministry of Finance State Administration of Taxation on the part of the national reserves to commodity-related tax policy (Caishui [2006] No. 105) </ P> <P> </ P> <P> six individual .preferential policies </ P> <P> 13 </ P> <P> Ministry of Finance State Administration of Taxation on the pilot reform of split share tax policy issues (Caishui [2005] 103) </ P> <P> .execution to end the split share structure reform pilot </ P> <P> 14 </ P> <P> the Ministry of Finance State Administration of Taxation of China Securities Investor Protection Fund Co., Ltd. related to Tax Issues (Cai Shui [2006] 169 .No.) </ P> <P> </ P> <P> 15 </ P> <P> the Ministry of Finance State Administration of Taxation on the extension of the pilot area of rural credit cooperatives notice period on tax policy (fiscal [2006] 46 .) </ P> <P> </ P> <P> the Ministry of Finance State Administration of Taxation in Hainan Province's rural credit cooperatives reform tax policy (Caishui [2007] 18) </ P> <P> < ./ P> <P> 16 </ P> <P> Ministry of Finance State Administration of Taxation on prison inmates to continue business-related tax policy (Caishui [2006] No. 123) </ P> <P> </ P> .<! - ->.