Sales Tax Exempted for Membership Fee of Foreign Commercial Chambers in Beijing
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| 7/29/2005 1:1:0 Beijing Star Daily |
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According to the reports , the membership fee of foreign commercial chambers that is charged according to standards established by financial or civil administrative departments of the government will be exempted of sales tax. However, sales tax will remain to be charged for income other than membership fee. The source comes from a document issued by the State Administration of Taxation as a reply to the Local Taxation Bureau of Beijing.
Recently, officials of the Local Taxation Bureau of Beijing asked for opinions of the State Administration of Taxation on whether it is appropriate to charge sales tax on income of foreign commercial chambers. The latter replied that ¡°according to Article 1, Notice on Exemption of Sales Tax on Membership Fee of Social Groups issued by the Ministry of Finance and the State Administration of Taxation (cai-sui-1997-063), the membership fee charged by foreign commercial chambers according to the standards established by financial and civil administrative departments of the government should be exempted of sales tax, but sales tax will be charged on other incomes of foreign commercial chambers that are classified as taxable items.¡±
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