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Global Trade Alert

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China: Temporary abolition of income tax on bond earnings for foreigners

Description

On November 7th, 2018, the Chinese State Taxation Administration released Caishui 2018/108, which announced that: From November 7th, 2018 to November 6th, 2021, corporate income and value added taxes ...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

07 Nov 2018

Revocation date

31 Dec 2025

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Products

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