Stamp Tax Law of the People's Republic of China
Stamp Tax Law of the People's Republic of China
Stamp Tax Law of the People's Republic of China
Order of the President of the People's Republic of China No. 89
June 10, 2021
The Stamp Tax Law of the People's Republic of China, which has been adopted at the 29th Session of the Standing Committee of the 13th National People's Congress on June 10, 2021, is hereby promulgated and shall come into effect from July 1, 2022.
Xi Jinping President of the People's Republic of China
Stamp Tax Law of the People's Republic of China
(Adopted at the 29th Session of the Standing Committee of the 13th National People's Congress on June 10, 2021)
Article 1 All entities and individuals that execute taxable vouchers or conduct securities transactions within the territory of the People's Republic of China are the taxpayers of stamp tax, and shall pay stamp tax in accordance with the Law.
All entities and individuals that execute the taxable vouchers outside the territory of the People's Republic of China for their use within the territory shall pay stamp tax in accordance with the Law.
Article 2 For the purpose of the Law, taxable vouchers refer to contracts, documents for the transfer of property rights, and business account books specified in the Schedule of Stamp Tax Items and Rates attached hereto.
Article 3 For the purpose of the Law, securities transaction refers to the transfer of the corporate stocks and the depositary receipts with stocks as underlying securities which are traded in a legally established stock exchange or other national securities transaction venues approved by the State Council.
The stamp tax on securities transactions is levied on the transferors of securities transactions and not on the transferees.
Article 4 The specific stamp tax items and rates shall be subject to the Schedule of Stamp Tax Items and Rates attached hereto.
Article 5 The taxation basis for stamp tax is as follows:
1.
......
Order of the President of the People's Republic of China No. 89
June 10, 2021
The Stamp Tax Law of the People's Republic of China, which has been adopted at the 29th Session of the Standing Committee of the 13th National People's Congress on June 10, 2021, is hereby promulgated and shall come into effect from July 1, 2022.
Xi Jinping President of the People's Republic of China
Stamp Tax Law of the People's Republic of China
(Adopted at the 29th Session of the Standing Committee of the 13th National People's Congress on June 10, 2021)
Article 1 All entities and individuals that execute taxable vouchers or conduct securities transactions within the territory of the People's Republic of China are the taxpayers of stamp tax, and shall pay stamp tax in accordance with the Law.
All entities and individuals that execute the taxable vouchers outside the territory of the People's Republic of China for their use within the territory shall pay stamp tax in accordance with the Law.
Article 2 For the purpose of the Law, taxable vouchers refer to contracts, documents for the transfer of property rights, and business account books specified in the Schedule of Stamp Tax Items and Rates attached hereto.
Article 3 For the purpose of the Law, securities transaction refers to the transfer of the corporate stocks and the depositary receipts with stocks as underlying securities which are traded in a legally established stock exchange or other national securities transaction venues approved by the State Council.
The stamp tax on securities transactions is levied on the transferors of securities transactions and not on the transferees.
Article 4 The specific stamp tax items and rates shall be subject to the Schedule of Stamp Tax Items and Rates attached hereto.
Article 5 The taxation basis for stamp tax is as follows:
1.
......