|
Ministry of Finance, State Administration of Taxation
The Ministry of Finance and the State Administration of Taxation Notice about Adjusting Pertinent Policies on Tax Reduction and Exemption
Concerning House Tax
Cai Shui [2004] No. 140
The finance departments (bureaus) of all provinces, autonomous regions, municipalities directly under the Central Government, cities
directly under separate state planning, local tax bureaus, the Finance Bureau of Xinjiang Production and Construction Corps:
With a view to regulating the revenue policies and to further strengthening the administration on the collection of house taxes, it
was decided upon discussion that the Interpretations and Interim Provisions of the Ministry of Finance and the State Administration
of Taxation on Some Specific Issues Concerning the House Tax (Cai Shui Di Zi Di [86] No. 008) shall be partially amended in an appropriate
way, that is, to abolish Article 18 which provides that the house properties of a slightly profitable enterprise or loss-making
enterprise “may be exempted from the house tax within a certain period upon the decision made by the local tax bureau in light of
the actual circumstances” and Article 20 which provides that “after an enterprise stops production or is cancelled, if the house
properties formerly owned by it are left unused, it may be exempted from the house tax temporarily upon approval of the tax bureau
of the province, autonomous region or municipality directly under the Central Government.”
The Ministry of Finance and the State Administration of Taxation
August 19, 2004
|
