LINE

    Text:AAAPrint
    Economy

    Beijing to launch tax refund scheme in 2015

    1
    2015-04-26 10:26Xinhua Editor: Wang Fan

    Overseas visitors will be able to claim tax refunds on purchases made in Beijing starting in 2015 in a move to boost tourism and consumption in the city.

    The Beijing Municipal Commission of Tourism Development is discussing the details with revenue authorities, and the tax refund scheme is expected to be implemented this year, Beijing vice mayor Chen Hong announced earlier this week.

    According to the plan, foreign tourists and those from China's Hong Kong, Macao and Taiwan who have stayed on the Chinese mainland for no more than 183 days may receive a rebate of 11 percent on consumer goods purchased at designated department stores.

    The minimum purchase for a tax refund is 500 yuan (about 82 U.S. dollars) at any one store in one day.

    China started a pilot tax refund program in the southern island province of Hainan on Jan. 1, 2011.

    The Ministry of Finance (MOF) announced in January that China will expand the tax refund program to spur inbound trips and boost exports of China-made commodities.

    Related news

    MorePhoto

    Most popular in 24h

    MoreTop news

    MoreVideo

    News
    Politics
    Business
    Society
    Culture
    Military
    Sci-tech
    Entertainment
    Sports
    Odd
    Features
    Biz
    Economy
    Travel
    Travel News
    Travel Types
    Events
    Food
    Hotel
    Bar & Club
    Architecture
    Gallery
    Photo
    CNS Photo
    Video
    Video
    Learning Chinese
    Learn About China
    Social Chinese
    Business Chinese
    Buzz Words
    Bilingual
    Resources
    ECNS Wire
    Special Coverage
    Infographics
    Voices
    LINE
    Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
    Copyright ©1999-2018 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.
    主站蜘蛛池模板: 娱乐| 临城县| 山西省| 建平县| 滁州市| 鄯善县| 龙泉市| 兰西县| 兰州市| 兴和县| 沙坪坝区| 新民市| 乐陵市| 绿春县| 山西省| 屏东市| 论坛| 阿荣旗| 综艺| 威信县| 钟山县| 普兰县| 广河县| 甘德县| 定边县| 临清市| 扎兰屯市| 子洲县| 屏南县| 沭阳县| 沾益县| 嘉荫县| 凉城县| 中方县| 台州市| 都江堰市| 太仆寺旗| 鄂州市| 道真| 涞源县| 盘锦市|