Adjustments to Tax Policies in the Culture and Tourism Industry Following the Implementation of the VAT Law

On October 13, 2026, Pinchain Tourism reported that following the implementation of the VAT Law and supporting policies, adjustments have occurred in the culture and tourism industry regarding tax calculation standards, deduction rules, and the scope of tax exemptions. The report noted that if group meals procured by travel agencies are integrated into tourism products for external sale, compliant special VAT invoices obtained can be used to normally deduct input tax; however, direct consumption scenarios such as employee meals and business entertainment remain non-deductible. The current progress is that the relevant adjustments have been implemented along with the implementation of the VAT Law and supporting policies.