Announcement
15 Sep 2023
In July 2023, the Chinese government announced an additional 15% 'super-input VAT credit' for advanced industrial machinery companies applicable for the period 2023-2027.
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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
Updated: 15 Sep 2023
Tax or social insurance relief
In force
On 17 July 2023, the Chinese Ministry of Finance and State Taxation Administration published Caishui 2023/25, announcing an additional 15% 'super-input VAT credit' for enterprises that pro...
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