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NOTICE OF THE MINISTRY OF FINANCE AND THE STATE ADMINISTRATION OF TAXATION ON GRANTING CONTINUING EXEMPTION FROM STAMP DUTIES ON TRADING OF CLOSE-END SECURITIES INVESTMENT FUNDS |
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(No. 173 [2004] of the Ministry of Finance, November 5, 2004) |
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SUBJECT : STAMP DUTIES; EXEMPTION; TRADING OF CLOSE-END SECURITIES INVESTMENT FUNDS |
ISSUING DEPARTMENT : MINISTRY OF FINANCE OF THE PEOPLE'S REPUBLIC OF CHINA, STATE ADMINISTRATION OF TAXATION |
ISSUE DATE : 11/05/2004 |
IMPLEMENT DATE : 01/01/2003 |
LENGTH : 41 words |
TEXT : |
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In order to support the healthy development of China's securities market, we hereby decide upon research to, as of January 1, 2003, continue exempting the investors (including individuals and institutions) from stamp duties for their trading of close-end securities investment funds.
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