State Administration of Taxation, Circular on Business Tax Issues Concerning the Return of Leaseholds by Land Users to Land Owners

国家税务总局关于土地使用者将土地使用权归还给土地所有者行为营业税问题的通知

June 02, 2008 | BY

clpstaff &clp articles

Return of leaseholds exempted from business tax.

Clp Reference: 3230/08.03.27 Promulgated: 2008-03-27

Issued: March 27 2008

Main Contents: When a taxpayer returns a leasehold to the land owner, it shall only be required to produce the official document on leasehold recovery issued by the local people's government at the county level or above, and shall be exempted from paying business tax irrespective of whether the source of the funds for expropriation compensation is government fiscal funds.

clp reference:3230/08.03.27
promulgated:2008-03-27

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