Announcement of the State Taxation Administration on Relevant Tax Collection and Administration Matters Concerning the Value-added Tax Reduction and Exemption Policy for Small-scale VAT Taxpayers and Other Policies
Announcement of the State Taxation Administration on Relevant Tax Collection and Administration Matters Concerning the Value-added Tax Reduction and Exemption Policy for Small-scale VAT Taxpayers and Other Policies
[Lexis China Comments]
According to the Announcement of the State Taxation Administration on the Threshold Standards and Other Matters Concerning the Collection and Administration of Value-Added Tax (Announcement of the State Taxation Administration [2026] No. 4), this document has been repealed.
Announcement of the State Taxation Administration on Relevant Tax Collection and Administration Matters Concerning the Value-added Tax Reduction and Exemption Policy for Small-scale VAT Taxpayers and Other Policies
Announcement of the State Taxation Administration [2023] No.1
January 9, 2023
In accordance with the Announcement of the Ministry of Finance and the State Taxation Administration on Clarifying the Value-added Tax Reduction and Exemption Policy for Small-scale VAT Taxpayers and Other Policies ([2023] No.1, hereinafter referred to as "Announcement No.1"), the relevant tax collection and administration matters are hereby announced as follows:
I. Small-scale value-added tax payers (hereinafter referred to as "small-scale taxpayers") whose taxable sales do not exceed a total monthly amount of CNY100,000 (or a quarterly amount of CNY300,000 if the applicable taxable period is quarterly, hereinafter the same) shall be exempted from value-added tax (hereinafter referred to as "VAT").
Small-scale taxpayers whose taxable sales exceed a total monthly amount of CNY100,000 but do not exceed CNY100,000 after the deduction of the sales amount of real property in the current period shall be exempted from VAT for the sales amount derived from the sale of any goods, labor services, services, or intangible assets.
II. For small-scale taxpayers to whom the levy of VAT on a deducted basis is applicable, whether they are eligible for the VAT exemption policy under Article 1 of the Announcement No.1 shall be determined based on the sales amount after applicable deductions.
The sales amount after applicable deductions shall be filled out in the corresponding column "tax-exempt sales amount" in the Value-added Tax and Surcharges Return Form (Applicable to Small-scale Taxpayers).
III.
......
According to the Announcement of the State Taxation Administration on the Threshold Standards and Other Matters Concerning the Collection and Administration of Value-Added Tax (Announcement of the State Taxation Administration [2026] No. 4), this document has been repealed.
Announcement of the State Taxation Administration on Relevant Tax Collection and Administration Matters Concerning the Value-added Tax Reduction and Exemption Policy for Small-scale VAT Taxpayers and Other Policies
Announcement of the State Taxation Administration [2023] No.1
January 9, 2023
In accordance with the Announcement of the Ministry of Finance and the State Taxation Administration on Clarifying the Value-added Tax Reduction and Exemption Policy for Small-scale VAT Taxpayers and Other Policies ([2023] No.1, hereinafter referred to as "Announcement No.1"), the relevant tax collection and administration matters are hereby announced as follows:
I. Small-scale value-added tax payers (hereinafter referred to as "small-scale taxpayers") whose taxable sales do not exceed a total monthly amount of CNY100,000 (or a quarterly amount of CNY300,000 if the applicable taxable period is quarterly, hereinafter the same) shall be exempted from value-added tax (hereinafter referred to as "VAT").
Small-scale taxpayers whose taxable sales exceed a total monthly amount of CNY100,000 but do not exceed CNY100,000 after the deduction of the sales amount of real property in the current period shall be exempted from VAT for the sales amount derived from the sale of any goods, labor services, services, or intangible assets.
II. For small-scale taxpayers to whom the levy of VAT on a deducted basis is applicable, whether they are eligible for the VAT exemption policy under Article 1 of the Announcement No.1 shall be determined based on the sales amount after applicable deductions.
The sales amount after applicable deductions shall be filled out in the corresponding column "tax-exempt sales amount" in the Value-added Tax and Surcharges Return Form (Applicable to Small-scale Taxpayers).
III.
......