The distribution of the dividend is one of the three main policies in modern financial management , and it is an sensitive problem that concern with the stock company , especially the listed one as well ; the policy covers the problems like the relationship between the company and stockholder ; the short - term and long - term policy ; the distribution of the dividend and further investment 股利分配政策是现代财务管理的三大主要政策之一，是股份制企业尤其是上市公司所涉及的最为敏感的问题，它关系到企业如何处理发放股利与盈利再投资于公司，如何处理短期利益与长期利益，如何处理公司与股东之间的关系的关键问题。
If foreign investors in foreign funded enterprises choose to reinvest the investment profits in the enterprise or other foreign funded enterprise s whose operational period lasts no less than five years , 40 % of paid income tax for the amount of reinvestment shall be refunded , after approval from the provincial taxation authorities ; for those directly invest to set up or enlarge the export - oriented enterprises or advanced technology oriented production enterprises , all the paid income tax for the amount of reinvestment shall be refunded 外商投资企业的外国投资者，从企业获得的利润直接再投资于该企业，或投资开办其他外商投资企业，经营期不少于5年的，经省级税务部门批准，退还其再投资部分已缴纳所得税的40 % ；直接投资开办、扩建产品出口型或先进技术型生产企业，全部退还其再投资部分已缴纳的企业所得税
