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Description
On 23 March 2022, several Chinese ministries jointly released Announcement 2022/16, amending the pre-tax super deduction of R&D expenses for firms classified as 'technology-based SMEs' (TSMEs). Th...
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Intervention Details
Intervention Type
Tax or social insurance relief
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
01 Jan 2022
Revocation date
No revocation date
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
SMEs
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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