Hainan to apply tax rebate policy for domestic tourists from May
According to relevant departments, Hainan will apply a tax rebate policy for domestic tourists in May of this year, reports hinews.cn.
At present, the preliminary work of the Hainan Island tax policy is being actively and steadily pushed forward. The authorized stores for the tax policy will be located at Sanya and Haikou.
The provincial government has said it will release details of the tax rebate policy in late April.
According to the tax policy, not only overseas tourists but also residents of the island are expected to receive a certain tax refund of their purchases worth at RMB 5,000 or more when leaving the island.
The implementation of the Hainan Island tax policy will be a purchasing drive to bring greater benefits to Hainan tourism as a whole.
Translated by WOS Team
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