Monday, May 7, 2012

The far east offers to develop the scope from the vacation taxes dispense - Law

Yesterday, the State Council Legislative Affairs Office released the "Implementation Regulations of the People's Republic of Travel Law

(draft)" to solicit views of the community. According to the draft, China's plans to expand the scope of exemption for electric vehicles, fuel cell

vehicles and plug-in hybrid vehicles exempted from travel , and Hong Kong, China, Macao and Taiwan travel, travel is also exempt from tax.

Draft that travel through the tax preparation after January 1, 2012 shall come into force.

Hong Kong, Macao, Taiwan travel is not taxed

Draft regulations on fishing, aquaculture boats, army, armed police force dedicated vehicles, police vehicles, in accordance with PRC laws and

international treaties concluded or acceded to the provisions, should be free of foreign embassies, international organizations China on behalf of

travel agencies and their personnel shall be exempted from travel tax.

In addition, the Chinese Special Administrative Region, Macao Special Administrative Region and Taiwan region of travel, not travel tax levy.

Pure electric vehicles, fuel cell vehicles and plug-in hybrid vehicles exempted from travel tax, and other similar vehicles hybrid vehicle in

accordance with applicable tax by half tax. In addition, the airport, driving or operating within the port of travel, from travel tax within five years

from the date of implementation of the travel tax exemption.

Unpaid income tax surcharge

Travel insurance institutions in the collection of t, should pay compulsory insurance of motor vehicles and insurance premiums tax on the

invoice information received and tax relief information, as the collection of tax certificate.

Taxpayers should be compulsory traffic accident liability insurance, purchased after the deadline to buy, or not previously subject to vehicle

trav insurance agencies in collecting payment of tshould also be collecting payment of tax arrears late fees .

Can not provide proof of payment receipt or tax breaks, and refused to collect payment of travel tax withholding taxpayers and withholding

agents shall not issue a policy, insurance premium receipts, signs and also the competent tax authorities.

>> Tax calculation

Travel tax annual return, on a monthly basis, one-time payment. year starts on January 1 to December 31. The formula is: payable =

(annual amount of tax payable 12) the number of taxable month.

>> Way to submit comments

The units and the public as there are amendments to the draft, in the July 14, 2011, through the following comments.

Sign China Legislative Information Network (Web site: a target="_new" rel="nofollow" Home on the left by the "executive opinion on the draft

legislation collecting management information system", comments on the draft.

Letter sent to: Box 1750, Beijing State Council Legislative Affairs Office (Postal Code: 100017), and in the envelope marked "Travel Tax Law Travel insurance institutions in the collection of tax, should pay compulsory insurance of motor vehicles and insurance premiums tax on the

invoice information received and tax relief information, as the collection of tax certificate.

Taxpayers should be compulsory traffic accident liability insurance, purchased after the deadline to buy, or not previously subject to vehicle

travel tax, insurance agencies in collecting payment of taxes should also be collecting payment of tax arrears late fees .

Can not provide proof of payment receipt or tax breaks, and refused to collect payment of travel tax withholding taxpayers and withholding

agents shall not issue a policy, insurance premium receipts, signs and also the competent tax authorities.

> Tax calculation

Travel tax annual return, on a monthly basis, one-time payment. Tax year starts on January 1 to December 31. The formula is: Tax payable =

(annual amount of tax payable 12) the number of taxable month.

>> Way to submit comments

The units and the public as there are amendments to the draft, in the July 14, 2011, through the following comments.

Sign China Legislative Information Network (Web site: ), Home on the left by the "executive opinion on the draft

legislation collecting management information system", comments on the draft.

Letter sent to: Box 1750, Beijing State Council Legislative Affairs Office (Postal Code: 100017), and in the envelope marked "Travel Tax Law

Implementation Regulations for advice," the words





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