(Adopted at the Fifth Session of the Tenth National People’s Congress on March 16, 2007)

Contents

Chapter I General Provisions

Chapter II The Amount of Income Taxable

Chapter III The Amount of Tax Payable

Chapter IV Preferential Tax Policies

Chapter V Tax Withheld at Source

Chapter VI Adjustment of Special Tax Payment

Chapter VII Administration of Tax Levying and Collection

Chapter VIII Supplementary Provisions