Global Trade Alert
Global Trade Alert

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China: Tax incentives for software and integrated circuit industry

Description

On the 20th of April 2012, two Chinese ministries* jointly announced a policy granting corporate tax breaks to companies producing integrated circuits (ICs). Two tiers of tax leniency were announced。 ...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

20 Apr 2012

Revocation date

31 Dec 2017

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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