Circular of the State Administration of Taxation on Issues concerning Value-added Tax on Income Derived from Published Media Advertising

Circular of the State Administration of Taxation on Issues concerning Value-added Tax on Income Derived from Published Media Advertising

Guo Shui Fa [2000] No.188

November 17, 2000

To the national tax bureaus of all provinces, autonomous regions, municipalities directly under the Central Government and cities specifically designated in the state plan:

The Circular of the State Administration of Taxation on the Release of Questions and Answers on Value-Added Tax (Guo Shui Fa [1995] No.288) provides that "goods purchased by taxpayers for the purpose of producing and printing advertisements shall not be included in input tax deductions; therefore, taxpayers shall accurately determine which input tax items are non-deductible; where there is no way of accurately determining whether or not an input tax item is deductible, the input tax item concerned shall be calculated in accordance with Article 23 of the Detailed Rules for the Implementation of the Provisional Regulations of the People's Republic of China on Value Added Tax.
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