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China: VAT on TV and movies produced for foreign markets abolished

Description

On the 30th October 2014, the PRC Ministry of Finance announced the export VAT on films, radio, TV and various related services would be abolished for firms producing content destined abroad.

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Intervention Details

Intervention Type

Tax-based export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

01 Dec 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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