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China: Business tax exemption on exported cultural services

Description

On 30 December 2014, the Ministry of Finance issued Notice No. 118 of 2014. To promote Chinese cultural services, revenues from service provision abroad shall be exempted from the Chinese business ta...

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Intervention Details

Intervention Type

Tax-based export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

01 Jan 2015

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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