Global Trade Alert
Global Trade Alert

China: VAT exemption for domestic animation and comic producers

Announcement

28 Nov 2013

November 28th, 2013 - Two Chinese Ministries released a joint plan to ease the tax burden on animation and comic producers with a VAT reduction.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

28 Nov 2013

Revocation date:

31 Dec 2020

Updated: 28 Nov 2013
Tax or social insurance relief

On the 28th of November 2013, the PRC's Ministry of Finance and State Administration of Taxation released Finance and Taxation Notice No.98/2013, which stated that animation- and comic-producing co...

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