{"id":346,"date":"2006-03-08T07:33:52","date_gmt":"2006-03-07T23:33:52","guid":{"rendered":"http:\/\/www.chinacsr.com\/2006\/03\/08\/charity-legislation-on-agenda-at-cppcc\/"},"modified":"2006-03-08T07:33:52","modified_gmt":"2006-03-07T23:33:52","slug":"charity-legislation-on-agenda-at-cppcc","status":"publish","type":"post","link":"https:\/\/www.chinacsr.com\/en\/2006\/03\/08\/346-charity-legislation-on-agenda-at-cppcc\/","title":{"rendered":"Charity Legislation On Agenda At CPPCC"},"content":{"rendered":"<p>New charity legislation is on the lips of many delegates at this week's plenary session of the Chinese People's Political Consultative Conference (CPPCC) National Committee.<!--more--><\/p>\n<p>The proposals are for a more defined and favorable tax regime for charities and the regulation of charities' activities within China.<\/p>\n<p>Currently, Chinese corporations' donations are exempt from income tax if the donated amount is within 3% of taxable income. This often means that companies pay more in taxes as they donate more funds to charities.<\/p>\n<p>Proposals were issued by the Central Committee of the Revolutionary Committee of the Chinese Kuomintang and a CPPCC member, Wang Keying.<\/p>\n<p>It is still unclear what amount of support the proposals have within the CPPCC and if the laws will be passed and enacted.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New charity legislation is on the lips of many delegates at this week's plenary session of the Chinese People's Political Consultative Conference (CPPCC) National Committee.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-346","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - 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