Global Trade Alert
Global Trade Alert

China: Scope of loss-carry-forward system extended for 'high-tech' Chinese firms

Announcement

11 Jul 2018

July 11th, 2018 - The Chinese government announced they were extending the remit of the system that allows firms to carry losses forward.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

11 Jul 2018

Revocation date:

No revocation date

Updated: 11 Jul 2018
Tax or social insurance relief In force

On July 11th, 2018, the Chinese State Administration of Taxation announced that certain firms which qualify as 'high-tech' under a classification scheme from 2016 may now benefit from more generous...

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