Finance offices (bureaus), local taxation bureaus of all provinces, autonomous regions, municipalities directly under the Central Government and cities specifically designated in the state budgetary plan, state taxation bureaus of Tibet, Ningxia, Qinghai provinces (autonomous regions), and the financial bureau of Xinjiang Production and Construction Corps.:
Through discussion, the policy issues of real estate tax and business tax concerning the housing owned by enterprises and self-supporting institutions rented to their employees are hereby clarified as follows:
According to Article I of the “Notice of the Ministry of Finance and the State Administration of Taxation on Adjusting Taxation Policies for Housing Rental Market” (Cai Shui [2000] No.125), the housing owned by enterprises and self-supporting institutions which are eligible for the suspension of levy of real estate tax and business tax refers to the housing owned by enterprises which are managed as public housing or which are included in the low-rent housing management system of governments above the county level.
Ministry of Finance
State Administration of Taxation
November 27, 2013
