Global Trade Alert
Global Trade Alert

China: Increased VAT rebates for food, textiles, wood products, metals, chemicals and machinery

Announcement

17 Nov 2008

In November 2008, the government of China announced a change in the tax legislation for exporters.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

01 Dec 2008

Revocation date:

No revocation date

Tax-based export incentive In force

Effective 1 December 2008, the government of China raised the Value Added Tax(VAT) rebates for designated exports. Exporters of the benefiting products may recuperate up to 80 percent of the VAT incl...

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