Circular of the Ministry of Finance and the State Administration of Taxation on Issues Concerning the Levy of Business Tax on Uniformly Taking out and Repaying Loan Service Supplied by Non-financial Institutions

Circular of the Ministry of Finance and the State Administration of Taxation on Issues Concerning the Levy of Business Tax on Uniformly Taking out and Repaying Loan Service Supplied by Non-financial Institutions

Cai Shui Zi [2000] No. 7

February 10, 2000

Departments (bureaux) of finance, state taxation bureaux and local taxation bureaux of each province, autonomous region, municipalities directly under the Central Government and cities specifically designated in the state plan:

As we knew, in recent years, some financial institutions are reluctant to accept the loan application of small and medium enterprises with a view to reducing and avoiding non-performing loans and guaranteeing the safety of loan funds.
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