Announcement
30 Oct 2014
30th October 2014 - the Chinese Ministry of Finance announced in Notice No118/2015 that it was removing VAT for various services related to film and TV firms that make content intended for export.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
01 Dec 2014
Revocation date:
No revocation date
Updated: 30 Oct 2014
Tax-based export incentive
In force
On the 30th October 2014, the PRC Ministry of Finance announced the export VAT on films, radio, TV and various related services would be abolished for firms producing content destined abroad.
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