2014-04-11 15:35:10

If an investment loss is incurred due to the liquidation of a business invested by an enterprise, the enterprise must have complete documentation of the liquidation of the invested business and the investment loss shall be recognized in the year in which the liquidator completes the liquidation process and the shareholder or shareholder’s meeting cognizes liquidation completion documents. For example, if the invested business liquidation period is between October 1st, 2009 and January 25th, 2010. The date on which the related liquidation complete documents are recognized by the shareholders is January 25th, 2010. Then the investment loss shall be recognized in 2010.