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Description
On September 30th, 2019, the Chinese State Taxation Administration released Announcement 2019/87 (hereafter, 'Announcement'), which introduced an extra 15% VAT tax credit for those operating in any in...
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Intervention Details
Intervention Type
Tax or social insurance relief
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
01 Oct 2019
Revocation date
31 Dec 2021
Implementation level
National
Affected flow
Inward
Announced as temporary
Yes
Eligible firms
all
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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