The Stamp Tax Law of People's Republic of China (PRC) has been officially implemented since July 1 this year. Compared with the Provisional Regulations on Stamp Duty, the Stamp Tax Law stipulates the time of tax payment, that is, Article 16 of the Stamp Tax Law stipulates that stamp duty shall be collected quarterly, annually or every time. For quarterly and annual tax payment, the taxpayer shall declare and pay tax within 15 days after the end of the quarterly and annual period; Taxpayers shall declare and pay taxes within 15 days from the date of tax obligation. Therefore, taxpayers who declare each time may not report, which will affect their credit rating.

According to the provisions of the Stamp Duty Tax Law, stamp duty is levied quarterly, annually or every time. Since July 2022, it will no longer be levied on a monthly basis. Taxpayers who originally filed monthly tax returns, taxable contracts and property rights transfer documents will be automatically converted into quarterly tax returns, and there is no need to apply separately.

Extended content Taxpayers can log in to the electronic tax bureau to inquire about the tax (fee) identification information by themselves. The specific path is: my information-taxpayer information-tax (fee) identification information.