Are for-profit medical institutions exempt from property tax?

Legal analysis: if the income obtained by for-profit medical institutions is directly used to improve medical and health conditions, it will be exempted from property tax and urban land use tax within 3 years from the date of obtaining practice registration. After the expiration of the three-year tax exemption, taxation will be resumed.

Legal basis: Article 2 of the Notice of State Taxation Administration of The People's Republic of China, Ministry of Finance of People's Republic of China (PRC) on Tax Policies for Medical and Health Institutions collects various taxes on the income obtained by for-profit medical institutions according to regulations. However, in order to support the development of for-profit medical institutions, if the income obtained by for-profit medical institutions is directly used to improve medical and health conditions, the following concessions will be given within three years from the date of obtaining practice registration: the income from medical services obtained by them is exempt from business tax; Exempt its self-produced and self-used preparations from value-added tax; Property tax, urban land use tax and vehicle and vessel use tax shall be exempted for the real estate, land, vehicle and vessel used by for-profit medical institutions. After the expiration of the three-year tax exemption, taxation will be resumed.