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How is Stamp Tax paid?

How is Stamp Tax paid?

Each party to a document calculates the amount of tax payable according to the Stamp Tax Regulations and purchases stamps in one lot in the full amount owed. If the tax on a document exceeds RMB500, a tax payment receipt may be issued instead of stamps. Stamps or receipts are then affixed to taxable documents at the time of their execution or at the time they are brought into China for use. Normally, stamps are pasted to the cover page or signature page of a document. Once the stamps or receipts are affixed, they are then immediately cancelled by the placement of either a seal or horizontal pen strokes across the face of the stamps.


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