The Chinese government is to extend tax breaks given to firms in the travel/tourist sector in the wake of the SARS virus, as the industry continues to struggle back to normality.
Whilst the number of outbound and domestic tourists has recovered to pre-SARS levels, the numbers of foreign tourists visiting China remains well below the levels witnessed in recent years. Consequently, firms such as airlines, travel agents and other tourism-related businesses will continue to enjoy tax breaks that were initially due to expire in September.
One of these measures exempts airlines from airport construction fees and business taxes, according to the Shanghai Daily, which also reported that the city’s tax authorities returned some 80 million yuan ($9.7 million) to tourist and transport organizations between May and September this year.
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