Earnings management : corporate manipulation of tax rate changes?
Document Type
Journal article
Source Publication
A Plus
Publication Date
3-1-2007
Volume
3
Issue
3
First Page
60
Last Page
61
Abstract
China provides comprehensive tax incentive schemes for foreign funded enterprises, which includes a five-year tax concession for firms involved in manufacturing and planning to operate on the mainland for at least 10 years. These firms are exempt from enterprise income tax in the first two profit-making years and receive a 50 percent tax reduction over the next three years.
When the concession period ends, the standard 30 percent tax rate applies.
Publisher Statement
Copyright © Hong Kong Institute of Certified Accountants 2007
Access to external full text or publisher's version may require subscription.
Full-text Version
Publisher’s Version
Language
English
Recommended Citation
Lin, K. Z. (2007). Earnings management: corporate manipulation of tax rate changes? A Plus, 3(3), 60-61.