Global Trade Alert
Global Trade Alert

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China: Tax deductions for Chinese venture capitalists investing in certain Chinese firms

Description

On May 14th, 2018, the Chinese State Administration of Taxation announced it would be rolling out a pilot scheme nationwide, which allows angel/venture capital investors to offset 70% of the investmen...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 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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