Transportation
The tax rate is: 3%,
The scope of taxation: land transportation, water transportation, air transportation, pipeline transportation, loading and unloading
Common taxable operations:
Land transportation: there are transportation operations of transporting goods or passengers through railroads, highways, cable cars, ropeways and other land routes.
Water transportation: there are through the river, river, lake, river, and other natural and artificial waterways or ocean waterways to transport goods or passengers transportation business. Salvage, taxed as compared with waterway transportation.
Shipping: there are transport operations to deliver goods or passengers through air routes. General aviation business and aviation ground service business, taxed as air transportation.
Pipe Transportation: transportation business of transporting gases, liquids and solid materials through pipeline facilities.
Loading and unloading: the use of loading and unloading tools or manpower, animal power will be the goods in the means of transport between the loading and unloading site or between the means of transport and the loading and unloading site between the loading and unloading business. Moving business is taxed as "loading and unloading".
Construction Engineering Industry
Tax Rate: 3%
Scope of Taxation: Construction, Installation, Repair, Decoration and Other Engineering Operations
Commonly Taxed Operations:
Construction: Construction: New construction, alteration and expansion of various buildings and structures, including the installation or erection of various equipments or pillars and operating platforms connected to the buildings. Operations, as well as a variety of kilns and metal structures, including engineering operations.
Installation: production equipment, power equipment, lifting equipment, transportation equipment, transmission equipment, medical laboratory equipment, and other various equipment assembly operations, placement engineering operations (including workbenches, ladders, railings connected to the equipment installed engineering operations and equipment installed insulation, corrosion, heat preservation, painting, and other engineering operations), cable television installation costs.
Repair: buildings, structures, repair, reinforcement, maintenance, improvement, so as to restore the original value of the use or to extend the duration of its use of engineering operations.
Decoration: there are buildings, structures to modify, make it beautiful or have a specific use of engineering operations.
Other Engineering Work: Engineering work on behalf of telecommunication works, water conservancy works, road construction works, well drilling works, land leveling, scaffolding, dredging works, blasting works, demolition of buildings or structures, landscaping works and other engineering work.
Finance and Insurance
Tax Rate: 5%
Scope of Taxation: Finance and Insurance
Common Taxable Businesses:
Finance: Loan Business, Financial Leasing Business, Financial Commodity Transfer Business (including the transfer of ownership of foreign exchange, marketable securities, and futures on non-goods), Financial Brokerage, and Other Financial Businesses (including Bank Settlement and Bill Discounting Business). settlement and bill discounting business).
Insurance: life insurance business, liability insurance business.
Postal and Telecommunications Industry
Tax Rate: 3%
Scope of Taxation: Postal Service, Telecommunications
Commonly Taxed Businesses:
Postal Service: Delivery of Letters or Packages, Postal Remittance, Newspaper and Magazine Publishing, Sale of Postal Items, Postal Savings, and Other Postal Businesses. Sales tax is levied on the business of philatelic companies selling philatelic goods.
Telecommunications: telegraphy, telex, telephony (including wired telephones, wireless telephones, paging telephones, leasing of telephone circuit equipment, maintenance or leasing of broadcasting circuits, television signals, and postal and telecommunication departments to sell cellular telephones, pagers, and provide users with wireless communication services), telephone installation (including the business of installing fixed or mobile telephones for the user), telecommunication sales (including the sale of telecommunication goods in providing the services along with the sale of telecommunication services). (including the sale of specialized general-purpose telecommunication items in conjunction with the provision of telecommunication services), and other telecommunication businesses.
Cultural and Sports Industry
Tax Rate: 3%
Scope of Taxation: Cultural Industry: Performances, broadcasting, other cultural industries, and operation of excursion sites. Sports industry: business of organizing various competitions and providing venues for sports competitions or sports activities.
Commonly Taxed Businesses:
Performance: the business of units and individuals performing theater, song and dance, fashion, bodybuilding, acrobatics, folk art, martial arts and sports and other performance activities.
Broadcasting: the business of disseminating works through radio, television, sound systems, closed-circuit television, satellite communications and other wireless or wired devices, as well as showing various programs in cinemas, theaters, video halls and other venues. It does not include the business of broadcasting advertisements. Paid program fees of radio and television stations are taxed as "broadcasting".
Other cultural industries: exhibitions, training activities, the organization of literature, art, science and technology, lectures, speeches, presentations, library books and materials lending business.
Operation of places of excursion: parks, animal (plant) gardens and other various places of excursion to sell tickets business.
Sports industry: units and individuals for the organization of sports competitions or sports activities to provide premises for the business.
Entertainment and Leisure Industry
Tax Rate: 20%
Taxation Scope: Opera halls, dance halls, karaoke halls (including nightclubs and karaoke lounges), music cafes (including pubs), cybercafes, golf, and amusement (e.g., shooting, hunting, horse-racing, amusement rides, bungee jumping, karting, hot-air ballooning, powered parachutes, archery, and darts)
Commonly Taxed Business:
Businesses that provide premises and services for entertainment (including food and beverage services provided in conjunction with customers' entertainment and services provided by diner, restaurant, and other eating establishments for customers' self-indulgent forms of singing and dancing in conjunction with their meals).
Note: When the business is bowling or billiards, the tax rate is 5% for the business of providing premises and services for customers to engage in billiards or bowling activities.
Advertising Services
Tax Rate: 5%
Scope of Taxation: Agency, Hotel, Catering, Tourism, Warehousing, Leasing, Advertising and Other Services
Common Taxation Businesses:
Agency Businesses: Buying and Selling of Goods, Import and Export, Referral Services, and Other Agency Service Businesses.
Hotel industry: the business of providing accommodation services.
Catering: Businesses that provide food and beverage consumption services to customers by providing both food and beverage establishments.
Tourism: a business that arranges accommodation, food, transportation and provides tourist services such as guided tours for tourists.
Warehousing: the business of using warehouses, goods or other places to store and keep goods on behalf of customers.
Leasing: the business of transferring sites, houses, goods, equipment or facilities to others for an agreed period of time. The act of subletting the leased premises, goods, equipment, etc. to another person is taxed as "leasing".
Advertising business: The use of books, newspapers, magazines, radio, television, movies, slides, street signs, posters, windows, neon signs, light boxes, and other forms of publicity for the introduction of goods, business services, cultural and sports programs, or notices, announcements, and other matters to promote the business and provide related services.
Other services: bathing, hairdressing, washing and dyeing, photography, art, framing, honor writing, typing, engraving, calculating, testing, decorating, packing, designing, charting, consulting, testing, testing, mapping, mapping, exploration and other service businesses.
Transfer of intangible assets
Tax rate: 5%
Scope of taxation: transfer of land use rights, patents, non-patented technologies, trademarks, copyrights, goodwill
Common taxing operations:
Transfer of land use rights: units and individuals transfer their transferred land use rights behavior, units and individuals transfer has completed the pre-development of the land or the land is being developed but not yet. projects under construction that are undergoing preliminary land development but have not entered the construction stage.
Transfer of patent rights: the transfer of ownership or use of patented technology.
Transfer of Non-Patent Technology: the act of transferring the ownership or right to use non-patent technology.
Transfer of Trademark Right: the act of transferring the ownership or use right of a trademark.
Transfer of Copyright: the act of transferring the ownership or the right to use a written work, a graphic work (such as a picture album or a collection of photographs), or an audio-visual work (such as a movie master or a videotape master).
Transfer of goodwill: the act of transferring the right to use goodwill.
Sale of Real Estate
Tax Rate: 5%
Scope of Taxation: Sale of Buildings and Other Land Attachments
Common Taxing Operations:
Transfer of Ownership of Buildings or Structures in Return for a Fee, Sale of Ownership of Other Land Attachments, Sale of Buildings by Transfer of Limited Property Rights or Perpetual Right of Use, Transfer of Units and Individuals into the the construction stage of the building construction project in progress.
The Ministry of Finance recently issued a decision on amending the Implementing Rules of the Provisional Regulations of the People's Republic of China on Value-added Tax (VAT) and the Implementing Rules of the Provisional Regulations of the People's Republic of China on Business Tax (BT) to adjust the starting point of VAT and BT upwards. The revised rules came into effect on November 1st. Analysts said the move is aimed at implementing the State Council's requirements on supporting the development of small and micro enterprises and reducing the tax burden on small and micro enterprises.
The Ministry of Finance announced that the second paragraph of Article 37 of the Implementing Rules of the Provisional Regulations of the People's Republic of China on Value-added Tax (VAT) was amended to read: "The range of the VAT starting point is stipulated as 5,000-20,000 yuan per month for the sale of goods, 5,000-20,000 yuan per month for the sale of taxable services, and 300-20000 yuan per (daily) sales for those who are taxed on a per-occasion basis. 300-500 yuan for each (daily) sale."
Before this amendment, the VAT thresholds ranged from 2,000-5,000 yuan per month for the sale of goods; 1,500-3,000 yuan per month for the sale of taxable labor services; and 150-200 yuan per (daily) sale for those who are taxed on a per-tax basis.
Before this amendment, the range of the starting point of the business tax was: for those who pay tax on a regular basis, it is 1,000-5,000 yuan of monthly turnover; for those who pay tax on a sub-tax basis, it is 100 yuan of turnover per (daily).