Announcement
20 Apr 2012
April 20, 2012 - Two Chinese ministries jointly announced a tax rebate policy that favoured local producers of integrated circuits.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
0 in force
Implementation date
20 Apr 2012
Revocation date:
No revocation date
Tax or social insurance relief
On the 20th of April 2012, two Chinese ministries* jointly announced a policy granting corporate tax breaks to companies producing integrated circuits (ICs). Two tiers of tax leniency were announced。 ...
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Local content incentive
In the Chinese government's announcement Caishui 2012/27 released on the 20th of April 2012 regarding preferential tax policies for firms in the integrated circuit industry, the relevant ministries co...
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Related State Acts
12 May 2011
China: Import Tax Incentives for the Development of the Software and Integrated Circuit Industries
13 Sep 2016
China (Shaanxi): Provincial investment fund established for integrated circuit industry
28 Mar 2018
China: Continuance of amended tax policies for integrated circuit industry
09 Feb 2015
China: Further tax incentives for firms in the integrated circuit industry
28 Jan 2011
China: Expanded preferential treatment for firms in the integrated circuit sector
14 Oct 2014
China: State-backed fund to promote domestic integrated circuit industry established
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