Global Trade Alert
Global Trade Alert

China: Additional 'super-input VAT credit' for integrated circuit enterprises

Announcement

20 Apr 2023

In April 2023, the Chinese government announced an additional 15% 'super-input VAT credit' for integrated circuit companies applicable for the period 2023-2027.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

01 Jan 2023

Revocation date:

No revocation date

Tax or social insurance relief In force

On 20 April 2023, the Chinese Ministry of Finance and State Taxation Administration published Caishui 2023/17, announcing an additional 15% 'super-input VAT credit' for integrated circuit companies. T...

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