CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. China Expands Tourist VAT Refunds To Guangdong

China Expands Tourist VAT Refunds To Guangdong

by Mary Swire, Tax-News.com, Hong Kong

04 July 2016


Since July 1, 2016, foreign visitors to China's province of Guangdong became able to obtain value-added tax (VAT) refunds on their purchases from designated shops when departing from Guangzhou's Baiyun International Airport and Nansha Port or from Zhuhai's Jiuzhou Port.

Foreign tourists, including those from Hong Kong, Macau, and Taiwan, will be eligible for the VAT refund, providing they have not stayed on the Mainland for more than 183 days. They must spend at least RMB500 (USD75) on eligible items in any one store on a single day to be able to claim an 11 percent refund, less a two percent handling charge. The refund is available only on purchases made within 90 days before departure.

The measure has been taken in a further effort to boost inbound tourism and consumption. Guangdong province is the nearest geographically to Hong Kong and Macau, and receives the vast majority of inbound tourists to the Mainland.

Hainan piloted the tax refund scheme in 2011, with Beijing and Shanghai being authorized to begin offering VAT refunds to tourists on July 1, 2015. From January 1 this year, the scheme also became available for foreign visitors to the provinces of Tianjin, Liaoning, Anhui, Fujian, Xiamen, and Sichuan.

TAGS: individuals | tax | value added tax (VAT) | China | Macau | Taiwan | travel and tourism | tax rates | Hong Kong | tax breaks

To see today's news, click here.

 






Close

Password Reminder

Please enter your email address to receive a password reminder.

 






Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Tax-News+ Updates

Receive FREE daily updates from Tax-News.com, straight to your inbox. Register Now!

For a tailored solution, choose to receive selected news updates for your preferred jurisdictions and topics, with our enhanced Tax-News+ subscriber service. Read more...

 

Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »