7. EXEMPTION
Individuals whose turnover has not reached the business tax threshold is exempted from business tax. For those assessable on a periodical basis, the threshold is monthly turnover of RMB200 to RMB800 with the actual amount decided by the local government. For those assessable on a transaction basis, the threshold is turnover RMB5O per day or per transaction.
Nursing services provided by nurseries, kindergartens, home for aged. welfare institute for the handicapped, matchmaking agencies and funeral services.
Personal services provided to the public by the disabled.
Medical services provided by hospitals. clinics and other medical institute.
Educational services provided by qualifying schools and educational Institutes or services provided by students participating in work-study programs.
Agricultural mechanical ploughing, irrigation and drainage, prevention and control of plant diseases and insect pests, protection of plant, insurance for farming and related technical training services, breeding and diseases control for poultry, livestock aquatic animals.
Admission fee for cultural activities held by memorial hall. museum, cultural center, art gallery, exhibition hail, library and cultural preservation organization and admission fee for cultural and religious activities conducted in temples and churches.
Local governments have no right to grant reduction or exemption. Other than the above, the State Council grants the exemption as follows:
Insurance premiums of life insurance policy for more than 1 year with the interest and principal recoverable on maturity;
Income from assignment of technology, the technology development and related technology consultancy, technology service provided by individual:
assignment of copyrights by individual;
assignment of agricultural land use right to agriculturists:
Union nurseries;
Membership fee of non-profits making organization approved by civil or financial administrations.