Feeling sad also warm at the same time.

Coronavirus 2019-nCoV has been affecting China, especially Hubei province. Neighbor and other several countries are also affected.

Government of China has been contributing its priority efforts on preventing and controlIing it. No alternative solution but must control it not only for China but also the wholeworld.  

We are sad with the fact. Loves as sun shine  have never been blocked. Donations, especially medical equipment and materials have been coming to China Hubei domestically and globally. 

How these donated material could impact tax and bookkeeping?

Tax Supporting Policies from Ministry ofFinance, State Administration ofTaxation for donations related to epidemic prevention and control (Dated:Feb.7th,2020 http://www.chinatax.gov.cn/chinatax/n810219/n810780/c5143506/content.html ) says that:-

1、Taxes and surcharges are exempted to the donated materials.

2、The value of the donated equipment and material can be deducted from organization or individual taxable     income.

Itis easy to handle if the donated materials are from home country, how if they are from other countries? Or you have any queries during this special period, please feel free to let us know. The generous kindness is grateful, we are ready here to offer our helps on this related matters.

Wish all of us safe and recharging well for a new start.

Notes:[Partial original contents of the Policies : Units and individual industrialand commercial households use self-produced, commissioned or purchased goods through non-profit social organizations and people's governments at or above the county level and their state agencies, or directly to hospitals undertaking epidemic prevention tasks. Coronavirus-infected pneumonia is exempted from value-added tax, consumption tax, urban maintenance and construction tax,education surcharge, and local education surcharge.]

http://www.chinatax.gov.cn/chinatax/n810219/n810780/c5143506/content.html