According to the Notice of State Taxation Administration of The People's Republic of China on Exemption from Stamp Duty of Subscription Vouchers for Books, Newspapers, etc. (1989)No. Di Zi of the State Administration of Taxation 142), "1. Subscription Vouchers for books, newspapers, periodicals, audio-visual products (including purchase orders, requisition orders, etc.). ) concluded between the publishing unit and the issuing unit, shall be jointly taxed by both parties. Two, all kinds of issuing units, as well as subscription vouchers between issuing units and subscription units or individuals, are temporarily exempt from stamp duty. Three, subscription certificate is applicable to the stamp duty' purchase and sale contract' tax items, the tax amount is calculated according to the order quantity and purchase price of the issuing unit. Four, subscription vouchers often occur, in order to simplify the tax payment procedures, publishing units can take timely summary method to calculate and pay stamp duty. After the summary payment is implemented, the separate agreement between the buyer and the seller will not repeat the tax decal. "