海南将免征归属地方收入的文化事业建设费

Core Points - Hainan Province will exempt the cultural industry construction fee, which is a government fund based on 3% of the sales revenue from advertising and entertainment services, starting from October 1, 2023 [1][2] - The exemption applies to the entire Hainan Island, excluding Sansha City, and is aimed at supporting the development of the cultural industry in the region [1][2] - The policy does not set an expiration date, providing long-term stability for market participants [2] Summary by Sections - Policy Background: The exemption is in accordance with the Hainan Free Trade Port Law, allowing for the reduction or exemption of government funds based on development needs [1] - Implementation Details: The tax authority will implement an automated system for the exemption, allowing taxpayers to easily apply and confirm their exemption status [2] - Cultural Industry Development: The policy aims to enhance the cultural industry in Hainan, which currently lags behind other advanced regions in terms of scale and quality [2]