Zhejiang Province Revises Business Tax Rates for Entertainment Industry
May 11 – The Zhejiang provincial tax bureau recently issued a notice amending business tax on the entertainment industry.
Amended on April 16 and effective immediately, the business tax rates are now 5 percent, 10 percent and 20 percent, based on entertainment category.
For general entertainment venues including bars, pool halls and bowling alleys, the business tax rate is 5 percent; for golf courses, the business tax rate is 10 percent; for night clubs and other high-end entertainment, the business tax rate is 20 percent.
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