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MOC and SAT allow executives of listed companies to pay individual income tax in installments on income from options exercised

  • Hogan Lovells
  • -
  • China
  • -
  • June 30 2009

On May 4, 2009, the PRC Ministry of Finance (MOC) and State Administration of Taxation (SAT) jointly issued the Circular on Relevant Issues Regarding Payment in Installments of Individual Income Tax for Stock Options Exercised by Executives of Listed Companies