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Global Trade Alert

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China: Elimination of business tax on certain overseas labor services

Description

On 29 June 2012, the Ministry of Finance (MOF) and the State Administration of Taxation (SAT) jointly released the Notice (No.54 Caishui, 2012) on Exemption of Business Taxation on Some Overseas Labor...

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Intervention Details

Intervention Type

Tax-based export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

01 Jan 2012

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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