Beijing has yet to set a timetable to unify its two sets of taxation regulations governing foreign and domestic enterprises.
Dong Shukui , deputy director general of the State Administration of Taxation's (SAT) Foreign Investment Taxation Department, told the China Investment Policy Seminar yesterday it was Beijing's long-term plan to unify the rules.
Beijing announced a host of tax reforms in January 1994, but foreign and domestic enterprises were still subject to different regulations for corporate income tax, real estate tax and licence tax on vehicles and ships.
Land use tax and urban maintenance tax are applicable to domestic enterprises, but not enterprises with foreign investment.
Although the regulations governing value-added tax, consumption tax and business tax are unified, some of the policies relating to these taxes are different for domestic and foreign enterprises.
Mr Dong said Beijing would consult enterprise opinion on unifying different taxation rules.
