Announcement
02 May 2017
May 2nd, 2017 - China's Ministry of Finance announced that the super deduction scheme for expenses incurred by R&D firms would be increased for SMEs.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
01 Jan 2017
Revocation date:
31 Dec 2019
Updated: 02 May 2017
Tax or social insurance relief
On the 5 May, 2017, the PRC Ministry of Finance announced that 'super deductions' on certain R&D expenses would be increased for firms classified as 'technology-based SMEs' ...
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