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Post by account_disabled on Dec 10, 2023 5:17:11 GMT -6
Income Tax Law, the taxable object of income tax is the sum of capital gains and other income. In the circumstances mentioned in Art. and art. Article 1 of the Enterprise Income Tax Law stipulates that the object of taxation is income. In turn according to art. Section Article 1 of the Enterprise Income Tax Law Income as a source of income must complywith the provisions of Article. The excess by which the sum of the revenues received from that source of income exceeds the costs of obtaining those revenues during the tax year. If the cost of obtaining the revenue exceeds Country Email List the total revenue, the difference is the loss of the revenue source. Also art. Section Article 1 of the Enterprise Income Tax Law states that losses arising from the source of income. Shall not be taken into account when determining the income constituting the tax base mentioned in Article 1. The authorities have different approaches to the relevant issues. For example, the Director of the State Administration of Taxation found in a letter dated month month year ( ) that there is no obligation to prepare the transfer pricing documents referred to in Article.
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