Global Trade Alert
Global Trade Alert

China: VAT exemption on interest income from loans to Chinese small- and micro-enterprises

Announcement

05 Sep 2018

September 5th, 2018 - The Chinese government announced a discriminatory preferential tax policy for certain Chinese firms.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Sep 2018

Revocation date:

31 Dec 2020

Updated: 05 Sep 2018
Tax or social insurance relief

On September 5th, 2018, the Chinese government released Caishui 2018/91: a new policy whereby income acquired from interest on loans to 'small- and micro-enterprises' would not be liable f...

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