Announcement
20 Aug 2010
August 20th, 2010 - The Chinese Ministry of Finance announced that for the whole of 2010, any firms using fuel oil in plastics or aromatics manufacture would be eligible for a tax refund (VAT and consumption) on any fuel oil purchased.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
01 Jan 2010
Revocation date:
31 Dec 2010
Updated: 20 Aug 2010
Tax or social insurance relief
In August 2010, the PRC Ministry of Finance announced a policy where all tax paid on fuel oil in 2010 was eligible for a refund when purchased for use in the manufacture of plastics and aromatics, ...
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