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Global Trade Alert

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China: Scope of loss-carry-forward system extended for 'high-tech' Chinese firms

Description

On July 11th, 2018, the Chinese State Administration of Taxation announced that certain firms which qualify as 'high-tech' under a classification scheme from 2016 may now benefit from more generous lo...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

11 Jul 2018

Revocation date

No revocation date

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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