| Circular of the Ministry of Finance, the State Administration of Taxation of the People’s Republic of China, on Printing and Issuing the Provisional Measures on Enlarging the VAT Offset and Deduction Scope for 6 Provinces in Central Part of China |
| Monday,July 23,2007 Posted: 14:53 BJT(0653 GMT) |
| From:CAITEC Original:Policy |
Financial offices and national taxation bureaus of Shanxi, Xi’an, Jiangxi, Henan, Hubei and Hunan: In line with relevant documents of the State Council, Ministry of Finance and State Administration of Taxation stipulated Provisional Measures on Enlarging the VAT Offset and Deduction Scope for 6 Provinces in Central Part of China, which is now printed and issued to you all for implementation. Choosing a part of industries of 26 old industrial base cities of the central part as experimental units of enlarging the VAT offset and scope is great measure to accelerate growing up of the central part as well as accumulate experience of implementing nationwide VAT reform in the future. Departments of finance and taxation in experimental areas shall enhance leadership, earnestly organize to implement and communicate; the provincial national taxation bureaus shall notify the provincial financial offices related date on enlarging VAT offset and scope in time. If encounter any problem, please report in time. Appendix: Provisional Measures on Enlarging the VAT Offset and Deduction Scope for 6 Provinces in Central Part of China Ministry of Finance State Administration of Taxation May 11, 2007 (All information published in this website is authentic in Chinese. English is provided for reference only. ) |
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