Starting from December, the export of film and television services will be subject to the zero-VAT rate policy

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If a foreign trade enterprise directly exports taxable services subject to zero value-added tax rate, it will be regarded as a production enterprise and its export goods to implement a unified tax exemption method. If a foreign trade enterprise directly exports taxable services subject to zero value-added tax rate, it will be regarded as a production enterprise and its export goods to implement a unified tax exemption method.

Nov 2, according to the website of the Ministry of Finance, the Ministry of Finance and the State Administration of Taxation jointly decided to apply the zero VAT policy to export services such as film and television services. According to the reporter, the policy has been implemented since December 1, 2015.

Finance and taxation departments stipulate that domestic units and individuals shall provide taxable services at a zero VAT rate, and if they belong to a simple method of tax calculation, they shall be exempted from VAT. If the general VAT calculation method is applicable, the production enterprise shall implement the tax rebate exemption method; if the foreign trade enterprise exports the taxable services purchased from abroad at the applicable VAT zero tax rate, the tax rebate exemption method shall be implemented; if the foreign trade enterprise directly exports taxable services at the VAT zero rate, it shall be regarded as the production enterprise and its export goods to implement the tax rebate exemption method. For taxable services under the tax refund (exemption) method, if the competent tax authorities determine that the export price is on the high side, they shall have the right to calculate the tax refund (exemption) according to the approved export price; if the approved export price is lower than the purchase price of the foreign trade enterprise, less than part of the corresponding input tax shall not be refunded and transferred to the cost.

the following is the full text of the notice.

< strong > notice on the zero VAT policy applicable to export services such as film and television < / strong >

Finance and tax (2015) 118

in order to implement the decision and deployment of the State Council and further encourage the export of services, it is decided to apply the zero VAT policy to export services such as film and television services and offshore service outsourcing. The relevant matters are hereby notified as follows:

I. domestic units and individuals shall provide the following taxable services to overseas units, subject to the zero VAT policy:

(1) production and distribution services of radio, film and television programs (works)

(II) Technology transfer services, software services, circuit design and testing services, information system services, business process management services, and contract energy management services for the subject matter of the contract outside the country.

(3) Offshore service outsourcing. Offshore service outsourcing business, including information technology outsourcing services (ITO), technical business process outsourcing services (BPO), technical knowledge process outsourcing services (KPO), the specific business activities involved shall be carried out in accordance with the corresponding business activities in the Notes on taxable Service scope (Finance and Taxation (2013) 106).

II. Units and individuals within the territory shall provide taxable services at the zero rate of VAT. If they belong to the simple method of tax calculation, they shall be exempted from VAT. If the general VAT calculation method is applicable, the production enterprise shall implement the tax rebate exemption method; if the foreign trade enterprise exports the taxable services purchased from abroad at the applicable VAT zero tax rate, the tax rebate exemption method shall be implemented; if the foreign trade enterprise directly exports taxable services at the VAT zero rate, it shall be regarded as the production enterprise and its export goods to implement the tax rebate exemption method. For taxable services under the tax refund (exemption) method, if the competent tax authorities determine that the export price is on the high side, they shall have the right to calculate the tax refund (exemption) according to the approved export price; if the approved export price is lower than the purchase price of the foreign trade enterprise, less than part of the corresponding input tax shall not be refunded and transferred to the cost.

III. The VAT refund rate for taxable services shall be the VAT rate applicable in accordance with the provisions of item (1) to (3) of Article 12 of the pilot measures for the conversion of Business tax to value-added tax (Finance and Taxation No. 2013).

IV. When domestic units and individuals apply for export tax rebate in accordance with the above provisions, they shall provide valid export vouchers and receipt vouchers.

5. The specific administrative measures for the application of the zero VAT policy for taxable services shall be formulated separately by the State Administration of Taxation in consultation with the Ministry of Finance.

Ministry of Finance

October 30th, 2015

Editor: vian