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Description
On April 4th, 2018, the Chinese government announced a change in the VAT scheme, changing the VAT brackets from 17 and 11% to 16 and 10% respectively. Included in this announcement was a clause on the...
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Intervention Details
Intervention Type
Tax or social insurance relief
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
17 Jun 2018
Revocation date
No revocation date
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
all
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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