Taxation policy
( Kunshan Tourism Rosort )
A unanimous corporate income tax rate of 25 percent applies to both foreign-invested enterprises and domestic-invested enterprises. New and hi-tech enterprises prioritized for aid by the state as well as technologically advanced service enterprises are levied corporate income tax as per 15 percent. The R&D expenses incurred by the enterprise in development of new technology, new product(s), and new workmanship may be deducted (again) by 50 oercent as a whole when taxable income is calculated.
KUNSHAN IN MY EYE
- A novel venue to celebrate the art of Kunqu
Kunqu artist Zhang Jun racked up a new career achievement during his performance at the Modern Drama Valley festival at the Mercedes-Benz Arena on May 18, performing in a venue that is several times larger than what he is used to.
- US travel companies discover Suzhou
39 American travel professionals were given a two-day tour of the 2,500-year-old city from Sept 13 to 14, including visits to famous sights like Tiger Hill and Shantang Street, as well as chances to experience traditional Chinese art.
VIDEOS
