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Global Trade Alert

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China: Business tax incentives to support IC and software industry

Description

On 20 April 2012, the Ministry of Finance issued Notice No. 27. To support the development of the national integrated circuit (IC) and software industry, several tax incentives will be in force from 1...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2011

Revocation date

30 Dec 2017

Implementation level

National

Affected flow

Inward

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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