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Global Trade Alert

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China: Nationwide VAT & Consumption Tax Refunds on Exported Vessels under Financial Leasing

Description

On 1 October 2014, China extended the tax refund policy on leased vessels and marine structures nationwide. The policy was previously restricted to a pilot program in the Tianjin area (see related mea...

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Intervention Details

Intervention Type

Tax-based export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

01 Oct 2014

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 Sectors

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Affected Products

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