Glossary entry

Chinese term or phrase:

贴花完税

English translation:

affiix the documentary stamp & pay the doc stamp tax

Added to glossary by Elizabeth Ruggiero
Jan 27, 2011 11:22
13 yrs ago
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Chinese term

贴花完税

Chinese to English Bus/Financial Law: Contract(s)
This phrase is in a legal agreement. The context is: "计划协议书应由甲,乙双方各自依法贴花完税."

Proposed translations

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37 mins
Selected

affiix the documentary stamp & pay the doc stamp tax

贴花 = affiix the documentary stamp
完税 = pay the documentary stamp tax

Documentary Stamp Tax is defined as a tax on documents, instruments, loan agreements and papers evidencing the acceptance, assignment, sale or transfer of an obligation, right or property incident thereto.

The untaxed document will not be recorded, nor will it or any copy thereof or any record of transfer of the same be admitted or used in evidence in court until the requisite stamp or stamps have been affixed thereto and cancelled.

No notary public or other officer authorized to administer oaths will add his jurat or acknowledgment to any document subject to Documentary Stamp Tax unless the proper documentary stamps are affixed thereto and cancelled.
http://www.samarnews.com/news2010/apr/a108.htm

http://www.chinaacc.com/new/846_848/2010_4_21_wa087495591240...

P.S. Maybe you might want to just trasnalte it as "pay the doc. stamp tax" after all, doc stamps will be affixed to the document only when you have paid the tax.
Peer comment(s):

agree Sharon Toh, MITI MCIL : Not sure if it is called documentary stamp tax elsewhere, but AFAIK, 印花税 is known as stamp duty. 贴花 is to 贴印花税票 (affix stamp duty). 贴花完税 is to affix stamp duty; you have to pay the duty before you get the stamp. That said, your answer is generally correct
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