Announcement
03 Sep 2023
In September 2023, China’s State Taxation Administration announced a VAT tax deduction for companies in the advanced manufacturing sector for the period from 1 January 2023 until 31 December 2027.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
01 Jan 2023
Revocation date:
31 Dec 2027
Announced: 03 Sep 2023
Tax or social insurance relief
In force
On 3 September 2023, China’s State Taxation Administration announced a VAT tax deduction for companies in the advanced manufacturing sector. The deduction applies retrospectively from 1 January 2023 a...
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