We now forward to you the Notice of the State Administration of Taxation on Tax Collection and Exemption for Thai Shipping Companies (G. S. H, [2005] No. 134). Please implement it.

March 24, 2005

State Administration of Taxation
G. S. H. [2005] No. 134

Notice of the State Administration of Taxation on Tax Collection and Exemption for Thai Shipping Companies

State taxation bureaus and local taxation bureaus in each province, autonomous region, municipality and city directly under State planning,
According to the Agreement between the Government of People's Republic of China and the Government of the Kingdom of the Thailand on Prevention of Double Taxation and Tax Dodging and Evasion and the Agreement between the Government of People's Republic of China and the Government of the Kingdom of Thailand on Mutual Indirect Tax Exemption of International Transportation Revenue, the Thai shipping companies are exempted from the business tax and half of the income tax of the incomes obtained in China from international transportation businesses. We hereby correct the mistakes in the "Tax Reduction and Exemption List for the Incomes from International Marine Transportation" attached upon the Complementary Notice of the State Administration of Taxation and the State Administration of Foreign Exchange on Strengthening the Taxation Management of Marine Transportation of Foreign Companies and Foreign Payments Management of International Marine Transportation Industry (G. S. F [2002] No. 107). This document shall come into effect as of the date when it is sent to you and the tax that has exempted before shall not be collected.





Jan.31, 2005