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Sunday, December 26, 2010

China to offer overseas tourists tax refund for purchases in Hainan

HAIKOU, Dec. 27 (Xinhua) -- Overseas tourists can claim, starting next year, tax refunds at 11 percent of their purchases in pilot shops in southern Hainan Province when leaving China there, a local official said Monday.
The minimum purchase eligible for the tax rebate is 800 yuan (121 U.S. dollars), said Lu Yong, vice director of the Hainan Provincial Bureau of Finance.

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