Circular of the Ministry of Finance and the State Administration of Taxation on Clarifying Issues Relating to Article 11 of the Detailed Implementation Rules for the Tentative Regulations of the People's Republic of China on Business Tax

Circular of the Ministry of Finance and the State Administration of Taxation on Clarifying Issues Relating to

Article 11 of the Detailed Implementation Rules for the Tentative Regulations of the People's Republic of China on Business Tax

Cai Shui [2001] No.160

September 8, 2001

In order to further develop policy on business tax, after research, issues relating to

Article 11 of the Detailed Implementation Rules for the Tentative Regulations of the People's Republic of China on Business Tax (hereinafter referred to as the "Detailed Rules") are hereby set out as follows:

Article 1 The phrase "money, goods or other economic benefits (that are collected from the counterparty)" as used in the words of Article 11 of the Detailed Rules "a taxpayer institution is any institution that brings about a taxable act and collects money, goods or other economic benefits from the counterparty, including independent accounting institutions and non-independent accounting institutions" means money, goods or other economic benefits collected by any independent accounting institution or individual that brings about a taxable act, not including money, goods or other economic benefits collected by any non-independent accounting unit of an independent accounting institution within such an institution.

Article 2 The term "independent accounting institutions" as used in Article I hereof includes the following institutions:
1.
　　......