Macau Economy Ministry Announces Tax Obligations for June 2023

The Macanese Secretary of Economy and Finance June 2 announced tax obligations for June. The announcement includes: 1) the requirement that hotels, dance halls, bars, goods and services directly or indirectly provided by health clubs, steam baths, massage parlors, karaoke, and other places, pay a 5 percent tourism tax for the previous month and file monthly M/7 returns; 2) income declaration requirements for supplementary income tax group A and submission of M/1 returns; 3) payment requirements for housing taxes and stamp duty; and 4) the requirement that individuals and entities selling new motor vehicles file an M/4 declaration and pay ...