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¡¡¡¡Districts and counties local taxation Bureaus and sub-bureaus, departments of Beijing Local Taxation Bureau and subordinate units,
¡¡¡¡ We now transmit the Reply on business tax for transportation businesses of Macao¡¯s enterprises in Mainland released by State Administration of Taxation(Guoshuihan¡²2005¡³219) to you. Please put it into force.
¡¡¡¡Attachment
¡¡¡¡May 30, 2005
¡¡¡¡State Administration of Taxation(Guoshuihan¡²2005¡³219)
¡¡¡¡ The Reply on business tax for transportation businesses of Macao¡¯s enterprises in Mainland released by State Administration of Taxation
¡¡¡¡Guangdong Provincial Local Taxation Bureau,
¡¡¡¡We have received the inquiry for the question about business tax of transportation businesses in the exertion of Arrangements for the AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME for the Mainland and the Macao SAR(Yuedishuifa ¡²2005¡³15), and now give you the following reply on business tax for transportation businesses of Macao¡¯s enterprises in Mainland:
¡¡¡¡ The regulation by Article 8 Item 1 of Arrangements for the AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME that ¡°The income and profit of the enterprises of one party acquired through shipping, aviation or land transportation shall be exempted of tax by the other party¡± can be executed according to the regulation by Article 2 Item 1 of Arrangements for the AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME that ¡°The income and profit of the enterprises of one party acquired through shipping, aviation or land transportation shall be exempted of tax by the other party (including the business tax in the Mainland China)¡±. For the income and profit of Macao¡¯s enterprises acquired through shipping, aviation or land transportation, the tax-free treatment given by the Mainland shall include the exemption of business tax, too.
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