Overseas passenger departure tax refund for Hainan next year

Source: Internet
Author: User
Keywords Next year travellers
Starting point: 800 yuan tax rebate rate: 11% will be timely pilot "outlying islands tax" of the Ministry of Finance, the State administration of taxation and the general administration of Customs yesterday issued a joint notice, the Council decided to carry out overseas passenger shopping departure tax refund policy (hereinafter referred to as the departure tax refund policy) pilot.  Starting from January 1 next year, the same overseas travellers at the same day at the same tax rebate shop to buy tax rebate items up to 800 yuan can enjoy the minimum amount of tax refund, the tax rebate rate is uniform 11%. Refund conditions meet six conditions can be refunded Hainan construction of international Tourism Island, its tax exemption policy and project construction has been a concern. The Ministry of Finance, the State administration of taxation and the General administration of Customs issued yesterday the announcement on the pilot tax refund policy for overseas travellers in Hainan.  The announcement stipulates that, from January 1 next year, overseas travellers will be eligible for a refund of six conditions. These six conditions include: in the tax refund fixed-point store to buy tax rebate items, the amount of shopping to reach the point of departure, and according to the provisions of the overseas visitors to purchase the tax refund documents, such as customs clearance, at the departure point of departure formalities, before departure tax refund items have not been activated or consumed; departure date not exceeding 90  The tax refund items are carried or checked out by the overseas passengers themselves, and the tax refund items are audited by the Customs and signed on the tax refund application form; Hainan Pilot policy starting point is tentatively 800 yuan. The international practice of shopping drawback is to take a single rebate rate for tax refund.  In order to simplify the operation, Hainan's outbound passenger shopping departure tax refund rate is uniformly approved for 11%.  Tax refund items, tobacco and alcohol, cars, and cigarettes. As an important policy collocation of tourism development, the shopping drawback system originated in Sweden in the early 1980s, and it is implemented in more than 50 countries and regions including major EU Member States, Australia, Japan, Korea, Singapore and Thailand. The bulletin said that the tax rebate items are allowed to carry out the country and enjoy the tax refund policy of personal life items, including clothing, shoes and hats, cosmetics, watches and clocks, jewelry, electrical appliances, stationery, sporting goods and so on, a total of 21 major categories.  It should be pointed out that food, tobacco, alcohol, automobiles, motorcycles and so on can not enjoy the tax refund. The policy applies to foreigners and Hong Kong, Macao compatriots who have resided in mainland China for no more than 183 days.  The rumors of domestic tourists with limited quotas for a certain amount of tax exemption, as well as the island residents also give annual limit of the tax exemption and other content does not appear in the policy. Tax exemption Outlook is preparing for "outlying islands tax exempt" Hainan Provincial Finance department deputy director Lv Yong yesterday in Hainan Province to carry out overseas passenger shopping departure tax refund policy of the pilot news conference revealed that due to the wide range and impact, the "outlying islands duty-free" policy against the Chinese people is being urgently prepared, but the conditions for implementing this policy are not yet ripe,  When the conditions are ripe, the pilot work will be launched in due course.  It is understood that "outlying islands tax exemption" is mainly targeted at their own residents.According to the official statistics of the Hainan Province Tourism Bureau, less than 5% of the Hainan Province are currently in the foreign tourist population. Morning newspaper reporter Shi suggested that should dozen "made in China" brand (reporter Wu) yesterday, capital travel agency related Personage said, the new policy has certain effect to pull the inbound tour. Guo Yan, deputy general manager of Mai Road, said, "Hainan Island's foreign tourists to Russia, South Korea, the largest number of tourists, so the rebate will be a certain attraction for this part of the tourists." According to the new policy, food, beverages, fruits, tobacco, alcohol, automobiles, motorcycles and so on are not included in the list of tax refund items. In this respect, Hua Yuan Brigade Bai Cheng Travel Network marketing manager Sun Li said that in foreign countries these goods are not included in the scope of tax rebate, more than the international luxury tax rebate. "The price of luxury goods is already very high at home," Guo Yan said. Hainan Island again implement tax rebate policy, also may be higher than abroad, so the tax rebate of Hainan Island goods should be more dozen ' made in China ', China's own development, production of the top products sold to foreign tourists, this part of the price of goods than foreign countries, This can really pull inbound tourists consumption. "The influence of Hainan plate passion no longer (reporter Wang Jie) Brewing for a year, Hainan Islands tax exemption implementation of the rules yesterday finally surfaced." However, once the fire-like area of the concept of speculation, now has been enthusiastic no longer. Yesterday, the Hainan plate almost collective silence.  Under the backdrop of a a-share market slump, 13 of the 17 trading Hainan concept stocks only fell, with only 4 stocks slightly higher. China Securities analyst said that after several previous waves of rising, "Hainan Tourism Island Concept" is expected to be cashed. The Changjiang Securities analyst said that the tax exemption rules introduced yesterday only imposed a tax rebate policy on outbound travellers ' purchases, which is a far cry from the previous market-expected two times in a year.
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