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China: Business tax and VAT exemptions on cultural activities

Description

On 26 March 2009, the Ministry of Finance issued Notice No. 31 of 2009, to support the development of local cultural activities and entertainment industry. According to the notice, several tax incen...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2009

Revocation date

31 Dec 2013

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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