摘要
Tax RebatesOverseas visitors wilt soon be abLe to claim tax refunds on purchases made in Beijing in a move to boost toudsm and consumption in the city. Concerned departments of the Beijing Municipat Government are dis- cussing detaiLs of the tax refund scheme and it is expected to be implemented later this year, Vice Mayor Cheng Hong announced on April. 27.
Tax Rebates Overseas visitors will soon be able to claim tax refunds on purchases made in Beijing in a move to boost tourism and consumption in the city.Concerned departments of the Beijing Municipal Government are discussing details of the tax refund scheme and it is expected to be implemented later this year,Vice Mayor Cheng Hong announced on April 27.According to the plan,foreign tourists and those from China’s Hong Kong,Macao and Taiwan who have stayed on the Chinese mainland for no more than six months may receive a rebate of 11percent on consumer goods purchased at designated retail outlets.The minimum purchase for a tax refund is 500 yuan($82)at any one store in one day.The Ministry of Finance announced in January that China would expand the tax refund program to spur
