the first profit-making year meaning in Chinese
第一个获利年度
Examples
- The first profit - making year
第一个获利年度 - Article 76 " the first profit - making year " mentioned in article 8 , paragraph 1 of the tax law and in article 75 of these rules means the first tax year in which profits are obtained by an enterprise following commencement of production or business operations
第七十六条税法第八条第一款和本细则第七十五条所说的开始获利的年度，是指企业开始生产、经营后，第一个获得利润的纳税年度。 - Chinese - foreign equity joint ventures engaged in port and dock construction where the period of operations is 15 years or more shall , following application by the enterprise and approval thereof by the tax authorities of provinces , autonomous regions , or municipalities directly under the central government of the location and commencing with the first profit - making year , be exempt from enterprise income tax from the first year to the fifth year and subject to enterprise income tax at a rate reduced by one half for the sixth year through the tenth year
二)在海南经济特区设立的从事机场、港口、码头、铁路、公路、电站、煤矿、水利等基础设施项目的外商投资企业和从事农业开发经营的外商投资企业，经营期在十五年以上的，经企业申请；海南省税务机关批准，从开始获利的年度起，第一年至第五年免征企业所得税，第六年第十年减半征征收企业所得税。 - Enterprises with foreign investment established in the pudong new area of shanghai and engaged in construction projects such as airports , ports , railways , highways and power stations where the period of operations is 15 years or more shall , following application by the enterprise and approval thereof by the tax authorities of the municipality of shanghai and commencing with the first profit - making year , be exempt from enterprise income tax from the first year to the fifth year and subject to enterprise income tax at a rate reduced by one half for the sixth year through the tenth year
三)在上海浦东新区设立的从事机场、港口、铁路、公路、电站等能源、交通建设项目的外商投资企业，经营期在十五年以上的，经企业申请，上海市税务机关批准，从开始获利的年度起，第一年至第五年免征企业所得税，第六年至第十年减半征收企业所得税。