Core Viewpoint - The article clarifies common misconceptions regarding the stamp duty on loan contracts, particularly for small and micro enterprises, and outlines the relevant tax policies that govern these exemptions and requirements [3][5]. Group 1: Misconceptions about Stamp Duty - Misconception: Small and micro enterprises that have completed their annual income tax settlement are exempt from stamp duty on loan contracts with banks. Clarification: Only loan contracts between financial institutions and small or micro enterprises, as defined by the Ministry of Industry and Information Technology, are exempt from stamp duty, not those classified as small and micro profit enterprises for income tax purposes [3]. - Misconception: Each time a revolving loan contract is utilized, stamp duty must be paid. Clarification: Revolving loan contracts are typically signed annually with a specified maximum limit. Stamp duty should be calculated based on this maximum limit at the time of signing, and no additional stamp duty is required for subsequent borrowings within that limit [3][4]. Group 2: Policy References - The article references the announcement by the Ministry of Finance and the State Taxation Administration regarding tax policies supporting financing for small and micro enterprises, which provides the basis for the exemptions discussed [3]. - It also cites specific regulations from the National Taxation Bureau concerning the stamp duty on loan contracts, emphasizing the importance of understanding these guidelines for compliance [5].