State Administration of Taxation, Circular on Business Tax Issues Concerning the Return of Leaseholds by Land Users to Land Owners

国家税务总局关于土地使用者将土地使用权归还给土地所有者行为营业税问题的通知

June 02, 2008 | BY

clpstaff &clp articles &

Return of leaseholds exempted from business tax.

Clp Reference: 3230/08.03.27 Promulgated: 2008-03-27

Issued: March 27 2008

Main Contents: When a taxpayer returns a leasehold to the land owner, it shall only be required to produce the official document on leasehold recovery issued by the local people's government at the county level or above, and shall be exempted from paying business tax irrespective of whether the source of the funds for expropriation compensation is government fiscal funds.

clp reference:3230/08.03.27promulgated:2008-03-27

This premium content is reserved for
China Law & Practice Subscribers.

  • A database of over 3,000 essential documents including key PRC legislation translated into English
  • A choice of newsletters to alert you to changes affecting your business including sector specific updates
  • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]