this is a tax payable against turnover by all enterprises and individuals undertaking the following business:
*providing taxable services,including communications,transport,construction,finance and insurance,telecoms,culture,entertainment and service industries
*transferring the provision of intangible assets
*selling immovable propertiesx
The basic formula is :
Tax payable=turnover x tax rate
Only a few items can be excluded from turnover.

Individual income tax rates for domestic taxpayers are the same as for foreigners in China.
The threshold is RMB1,600 now,but will be 2000 since 1st March 2008.
mandatory welfare contributions by employers to staff are calculated on a percentage of salary,and include:
Medical Insurance;Unemployment Benefit;Employment Injury;Insurance;State Pension ;Housing Fund
The percentages for each contribution vary from city to city.These […]

Each funding opportunity description is a synopsis of information in
the Federal Register application notice. For specific information about
eligibility, please see the official application notice. The official
version of this document is the document published in the Federal
Register. Free Internet access to the official edition of the Federal
Register and the Code of Federal Regulations is available on […]

CDC’s Procurement and Grants Office has published a funding opportunity
announcement entitled, “NIOSH Small Research Grant Program (R03).” The
purpose of the grant is to provide support of research in numerous
occupational safety and health areas. For complete program details,
please see the full announcement on the CDC website at
http://grants1.nih.gov/grants/guide/pa-files/PAR-06-551.HTML The
funding dates vary.
NIOSH Small Research Grant Program

ING Investment Management Asia/Pacific (INGIM) announced the launch of the ING China Access Fund targeting select
investment opportunities in Chinese securities listed on international
exchanges.
A press release from the ING IM said the fund will focus on industry
leaders, and invest in small- and mid-cap companies with strong fundamentals and
whose businesses are exposed to the upside of the […]