Global Trade Alert
Global Trade Alert

China: VAT on TV and movies produced for foreign markets abolished

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.

Source

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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

Announced: 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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