January 28.1994-The State Council issued the "Regulations for the Implementation of the Individual Income Tax Law of the People's Republic of China"
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In the twelfth lunar month 17 (癸酉), January 28, 1994, the State Council issued the "Individual Income Tax Law of the People's Republic of China implementing regulations.
1994 1 28, the State Council issued the "Individual Income Tax Law of the People's Republic of China Regulations for the Implementation since come into force as of the date of promulgation. Of this Ordinance in order to adjust the income of individual citizens, to increase the country's financial alleviate the unfair distribution of social contradictions, and is conducive to social stability and unity to develop.
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