For the time being, the State Organs having authority to formulate tax laws or tax policy mainly include National People’s Congress and its Standing Committee, State Council, Ministry of Finance, State Administration of Taxation, Tariff and Classification Committee of the State Council, and General Administration of Customs. (a) Tax laws are enacted by the National People’s Congress, e.g., the Individual Income Tax Law of the People’s Republic of China; or enacted by the Standing Committee of the National People’s Congress, e.g., the Tax Collection and Administration Law of the People’s Republic of China. (b) The administrative regulations and rules concerning taxation are formulated by the State Council, e.g., the Detailed Rules for the Implementation of the Tax Collection and Administration Law of the People’s Republic of China, the Detailed Regulations for the Implementation of the Individual Income Tax Law of the People’s Republic of China, the Provisional Regulations of the […]