Interim Measures for Vessel Tonnage Tax (Revised in 1994)
Interim Measures for Vessel Tonnage Tax (Revised in 1994)
Interim Measures for Vessel Tonnage Tax (Revised in 1994)
Jiao Cai [1994] No. 206
February 25, 1994
Article 1 The foreign vessels and the Chinese vessels chartered to foreign business persons and the Chinese and foreign vessels (including the above vessels exclusively sailing within the harbour) used by Sino-foreign joint operation enterprises are all subject to the Vessel Tonnage Tax (hereinafter referred to as Tonnage Tax) to be collected by Customs.
The above vessels subject to Tonnage Tax shall not need to pay the Vehicle and Vessel Usage License Plate Tax to the tax authorities.
Article 2 The Tonnage Tax is either paid on a 3 month term or a 30 day term, which shall be chosen by the taxpayers when reporting the payment of the tax. The tax rate is as shown in the following:
1. Payment in term of 3 months