Among the new tax proposals, one would restrict income shifting by a U.S. company to a foreign subsidiary, by transferring patents or other intangible property.

新税收计划中的一项内容是，限制美国公司通过转移专利或其他无形资产向外国子公司转移收入。

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Taxpayers transferring other intangible assets shall report and pay tax to the local competent tax authorities where the establishment is located.

纳税人转让其他无形资产，应当向其机构所在地主管税务机关申报纳税。

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For intangible assets, as long as they are used in China, they must pay Business Tax no matter whether the leaser has an establishment in China.

对无形资产，只要它的使用地在中国，不管有没有在中国设有机构，都要纳营业税。

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No matter how much you wiped out your income with exotic tax perks like intangible drilling costs and other tax-shelter sounding items, you paid a smaller alternative tax rate on virtually everything with no deductions.

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Alternatively, the proposal would tax certain intangible property related income on a current basis at a rate of 15%, whether derived directly by a U.S. corporation or by a foreign subsidiary.

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The amount of profits that should be declared to the local tax authority would diminish profits transferred to pay for intangible assets located abroad, depending on the number of users and the intensity of data collection.

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