INTRODUCTION TO CHINA TAXATION

Catalog description

This course will introduce the China tax system to undergraduate accounting students and provide an understanding of the major principles and technical areas of taxation in mainland China. The course will cover all the major taxes in China, such as the individual and enterprise income tax, value added tax, consumption tax, customs duties and the land appreciation tax on the disposal of property, etc. Taking advantage of the knowledge students have acquired in ACCT 3230 Federal Income Tax I , this course will also include discussions over some major differences in tax between U.S. and China.