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Description
On September 5th, 2018, the Chinese government released Caishui 2018/91: a new policy whereby income acquired from interest on loans to 'small- and micro-enterprises' would not be liable for VAT. This...
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Intervention Details
Intervention Type
Tax or social insurance relief
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
01 Sep 2018
Revocation date
31 Dec 2020
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
SMEs
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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