Yes. These fees, which have no definite connection with the sale of goods or provision of services by you, shall be subject to business tax, including entrance fees, advertising and promotion fees, display fees, management fees, etc.
No. Tax treaties only deal with the double taxation of income taxes.
The Business Tax assessable period could be five days, ten days, fifteen days or one month. The actual assessable period of taxpayers shall be determined by the responsible tax authorities. If BT cannot be assessed in fixed periods, it could be assessed on a transaction-by-transaction basis. Where a taxpayer uses one month as an assessable […]
Yes. If you conduct following activities, there would be no BT. a) Nursing services provided by nurseries, kindergartens, old people’s homes, welfare institutions for the handicapped, matchmaking and funeral services; b) Services provided individually by the disabled to the public; c) Medical services provided by hospitals, clinics and other medical institutions; d) Educational services provided […]
A taxpayer engaging in both BT taxable activities and sales of goods subject to VAT should separately accounts for both types of activities and sales. If the taxpayer failed to do so, all services and sales are subject to VAT instead of BT.
BT is imposed on the gross receipts of the taxpayer at applicable rates. BT payable = gross receipts × applicable tax rate
No. Item Tax Rate 1 Transportation by land, water, air and pipeline, loading/unloading and removal 3% 2 Construction, installation, repairs, decoration and other construction projects 3% 3 Finance and insurance 5% 4 Post and telecommunications 3% 5 Cultural activities and sport 3% 6 Entertainment including music halls, ballrooms, […]
Business tax (“BT”) is an important indirect tax imposed on services, and sales of intangible assets and real properties in China. BT is levied at rates ranging from 3% to 20% depending on the nature of the services.
An application for deferral can be file to customs. Otherwise, no VAT refund can be granted for the exported sales.
VAT input can be deducted only with special VAT invoices obtained from sellers or tax certificates obtained from Customs.
