How should I calculate BT?

BT is imposed on the gross receipts of the taxpayer at applicable rates. BT payable = gross receipts × applicable tax rate

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What are the taxable items and their applicable BT rates?

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, […]

What is Business Tax (BT)?

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.