Ministry of Finance, Implementing Rules for the PRC Tentative Regulations on Business Tax (2nd Revision)

财政部中华人民共和国营业税暂行条例实施细则 (第二次修正)

December 06, 2011 | BY

clpstaff &clp articles

Thresholds for levy of business tax raised.

Clp Reference: 3230/11.10.28 Promulgated: 2011-10-28 Effective: 2011-11-01

Promulgated: October 28 2011
Effective: November 1 2011

Main contents: Under the revised Implementing Rules, the ranges for the threshold for the levy of business tax have been raised to a monthly business turnover of Rmb5,000-20,000 in the case of tax payment by period, or a business turnover per transaction (day) of Rmb300 to Rmb500 if tax is paid per transaction (Article 23).

Related legislation: PRC Tentative Regulations on Business Tax (Revised), Nov 10 2008, CLP 2008 No.10 p.62

clp reference:3230/11.10.28
promulgated:2011-10-28
effective:2011-11-01

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