Hotel tax exemption policy

Legal analysis: the hotel industry can be exempted from value-added tax. Enterprises that produce key materials for epidemic prevention and control may apply to the competent tax authorities for a full monthly refund of the value-added tax credit.

Taxpayers' income from transporting key materials for epidemic prevention and control shall be exempted from VAT.

In 2020, the losses of enterprises in difficult industries that are greatly affected by the epidemic will be extended from 5 years to 8 years.

Taxpayers' income from providing public transport services and life services, as well as providing express delivery services for residents' daily necessities, shall be exempted from value-added tax.

Legal basis: Announcement on supporting the tax policy of preventing and controlling pneumonia in novel coronavirus.

Article 2 An enterprise that produces key materials for epidemic prevention and control may apply to the competent tax authorities for a full refund of the value-added tax credit on a monthly basis.

Article 3 Taxpayers' income from transportation of key materials for epidemic prevention and control shall be exempted from VAT.

Article 4 In 2020, the longest carry-over period of losses of enterprises in difficult industries that are greatly affected by the epidemic will be extended from 5 years to 8 years.

Article 5 Taxpayers' income from providing public transport services, living services and express delivery services for residents' daily necessities shall be exempted from value-added tax.