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Ministry of Finance: airline fuel surcharges be exempted from business tax
Posted on Jan-11-2009· by china investor
Yesterday, the Ministry of Finance issued a circular, said the airline fuel surcharges are exempted from business tax, the application time is from January 1,2008 to December 31, 2010. For those who have paid off the airline business tax in 2008 , the Ministry of Finance would deduct its payable business tax in the future tax credit, if the payable business tax isn’t offseted in a year, the never-ending sales tax refund would be return to airlines by the tax authorities .
In fact, in order to help airline corporation, from December 25 ,2008, the Ministry of Finance official sharply lower on domestic flights fuel surcharges which is as high as 75 percent drop .
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