Ministry Of Finance And The State Administration Of Taxation On The Revision Of The People's Republic Of China Vat Tentative Regulations Implementing Rules And The People's Republic Of China Interim Regulations On The Tax Rules For The Implementation O...

Original Language Title: 财政部、国家税务总局关于修改《中华人民共和国增值税暂行条例实施细则》和《中华人民共和国营业税暂行条例实施细则》的决定

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Ministry of finance and the State administration of taxation on the revision of the People's Republic of China VAT tentative regulations implementing rules and the People's Republic of China interim regulations on the tax rules for the implementation of decision

    (Released October 28, 2011, the Ministry of finance and the State administration of taxation, the 65th since November 1, 2011) in order to implement the requirements on supporting small and micro-enterprise development under the State Council, Ministry of finance, the State administration of taxation decided to People's Republic of China interim regulations on VAT rules for the implementation of and the People's Republic of China implementing rules of interim regulations on the business tax provisions be amended.

    First, will the People's Republic of China VAT tentative regulations 37th article of the rules for the implementation of modifications to: "VAT threshold provides as follows:

    (A) sales of goods, sales of 5000-20000 Yuan per month;

    (B) taxable sales, monthly sales of 5000-20000 Yuan;

    (C) the tax, for each of (a) sales of 300-500 Yuan.

    Second, will the People's Republic of China interim regulations on the tax rules for the implementation of the 23rd paragraph is amended as: "the tax threshold as follows:

    (A) regular taxes, monthly turnover 5000-20000 Yuan; (B) the tax that each time (day) turnover 300-500 Yuan.

    ”

    This decision shall take effect on November 1, 2011. People's Republic of China VAT tentative regulations implementing regulations and of the People's Republic of China interim regulations on the business tax regulations be revised according to this decision, republished.

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