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Global Trade Alert

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China: UMCT and EST will be levied on Foreign Invested Enterprises and Individuals from December 1, 2010

Description

On October 18, 2010, the State Council issued the Circular on Unifying Urban Maintenance and Construction Tax (UMCT) and Education Surtax (EST) System for Domestic and Foreign Invested Enterprises (t...

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Intervention Details

Intervention Type

FDI: Treatment and operations, nes

MAST Chapter

FDI measures

Implementation date

01 Dec 2010

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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