Circular of the Ministry of Finance and the State Administration of Taxation on Printing and Distributing the Interim Measures for Expanding the Scope of Deductible Value-Added Tax in Central Regions of China
Circular of the Ministry of Finance and the State Administration of Taxation on Printing and Distributing the Interim Measures for Expanding the Scope of Deductible Value-Added Tax in Central Regions of China
Circular of the Ministry of Finance and the State Administration of Taxation on Printing and Distributing the Interim Measures for Expanding the Scope of Value-Added Tax Deduction in Central Regions of China
Cai Shui [2007] No. 75
May 11, 2007
To the finance departments and the national taxation bureaus of Shanxi, Anhui, Jiangxi, Henan, Hubei, Hunan:
Following the viewpoint of the type changing of value-added tax in the central regions in Several Opinions of the State Council on Developing Central Regions (Zhang Fa [2006] No. 10) and the scope outlined in the Circular of the General Office of the State Council on the Scope of the Implementation of the Relevant Policies on Revitalizing the Old Industrial Bases of Northeastern China and Western Development in the Six Central Provinces (Guo Ban Fa [2007] No. 2), the Ministry of Finance and State Administration of Taxation have prescribed the Expanding the Scope of Value-Added Tax Deduction in Central Regions of China, please implement it accordingly..
The decision of taking some trades in the 26 old industrial base cities of the central regions as experimental places to practice the policy of expanding the scope of VAT deduction is not only a major policy of the central government for developing the central regions, but also a way to accumulate experiences in national reform of VAT in the future. The tax departments of the experimental regions should strengthen their leadership, organize and implement the policy seriously and communicate with each other, the provincial state taxation bureaus shall inform the date of expanding scope of VAT deduction to provincial finance bureaus every half a year. If there is any problem during execution, please report to the authorities at higher level.
Appendix: Interim Measures for Expanding the Scope of Value-Added Tax Deduction in Central Regions of China
I. These Measures are formulated in accordance with the Several Opinions of the State Council on Developing Central Regions (Zhong Fa [2006] No. 10) and the Circular of the General Office of the State Council on the Scope of the Implementation of the Relevant Policies on Revitalizing the Old Industrial Bases of Northeastern China and Western Development in the Six Central Provinces (Guo Ban Fa [2007] No. 2),
II. These Measures apply to general value-added taxpayers (hereinafter referred to as taxpayers) of the old industrial base cities in six provinces of central regions who take part in equipment manufacturing industry, petroleum and chemical industry, metallurgical industry, automobile manufacturing industry, agriculture processing industry, electric power industry, exploitation industry and high-tech industry.
"Old industrial base cities in six provinces of central regions" mentioned in these Measures , refer to Taiyuan, Datong, Yangquan and Changzhi in the Shanxi province; Hefei, Maanshan, Bengfu, Wuhu and Huainan in the Anhui province; Nanchang, Pingxiang, Jingdezhen and Jiujiang in the Jianxi province; Zhengzhou, Luoyang, Jiaozuo, Pingdingshan and kaifeng in the Henan province;Wuhan, Huangshi, Xiangfan, Shiyan in the Hubei province and Changsha, Zhuzhou, Xiangtan and Hengyang in the Hunan province.
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