if you are interested in it , Get free samples :sales@edabearings.com

Chinese said the Ministry of finance, and other goods to support crude oil futures market opening in the China territory without establishments or places, or have establishments or places but with the income obtained by the institutions or establishments have no actual connection to foreign institutional investors (including foreign brokerage institutions), engaged in domestic crude oil futures trading has Chinese income (excluding delivery income), not levy corporate income tax.
A press release published on the website of the Ministry of Finance on Tuesday indicated that, from the date of opening to the outside of crude oil futures, the income earned by overseas investors to invest in crude oil futures in China is temporarily exempt from personal income tax within three years.
"In accordance with the tax policy stipulated in this notice, the futures varieties of other goods, which are open to the outside world by the State Council, shall be implemented. This notice shall come into force on the date of promulgation. " The press release said.
The press release said that the overseas Commission's overseas Commission's overseas Commission for overseas investors to provide crude oil futures brokerage business in China does not belong to the labor income derived from China, and it does not impose corporate income tax.
Crude oil futures will be traded on the Shanghai futures exchange, Shanghai energy exchange, on March 26th. Notice of the Shanghai international energy trading center previously released details of the contract and transaction, crude oil futures trading margin for the value of the contract 7%; price limit is 5%, but the first day of listing (March 26th) the price limit to 10%.

---

PREVIOUS:Japan says the G20 communiqu will reflect concerns about protectionism        NEXT:European stocks climbed under the leadership of the bank stock