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Global Trade Alert

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China: VAT exemption on spacecraft industry

Description

On 15 June 2015, the Ministry of Finance issued Notice No. 66 of 2015 to support the development of the Chinese spacecraft industry. According to the Notice, companies providing space transportation s...

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Intervention Details

Intervention Type

Tax-based export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

01 Jan 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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