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Global Trade Alert

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China: Accelerated depreciation of fixed assets for certain industries

Description

On October 20th, 2014, the Chinese State Taxation Administration released Caishui 2014/75 (hereafter, 'Annnouncement'), which changed the way firms in certain sectors could claim depreciation on their...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2014

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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