According to the "Notice of the State Administration of Taxation on the Collection and Exemption of Stamp Duty on Subscription Vouchers for Books, Newspapers and Periodicals" ((1989) Guo Shui Di Zi No. 142) stipulates that "1. Between various publishing units and issuing units The subscription certificates for books, newspapers, periodicals and audio-visual products (including purchase orders, order orders, etc.) shall be paid by both parties according to regulations. 2. Between various issuing units, as well as between issuing units and subscribing units or individuals. The subscription vouchers issued between the two parties are temporarily exempt from stamp tax. 3. The stamp tax "Purchase and Sales Contract" applies to the subscription vouchers, and the tax amount is calculated based on the order quantity and the purchase price of the issuing unit. 4. The subscription vouchers occur frequently to simplify tax payment. For procedures, the publishing and distribution unit can calculate and pay the stamp tax on a periodic basis. After the collective payment is implemented, the tax decals will no longer be calculated repeatedly for individual agreements between the purchaser and the seller.

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