Ⅰ Background of Formulation of Implementation Regulation of Corporate Income Tax Law On 16 March 2007 China’s top legislature, the National People’s Congress (NPC), passed the new Company Income Tax Law (CIT Law) which unified the income tax system of the domestically funded and foreign...

A new labor contract law putting into effect on January 1 2008 caused great attention and heat discussion of society. Such a new law makes the employers nervous and anxious. After reviewing and drafting about ten companies' employment contracts, employment contracts' attachments and handbooks in...