Global Trade Alert
Global Trade Alert

China: Corporate income tax incentive for companies investing in digital and intelligent transformations of "special equipment"

Announcement

12 Jul 2024

In July 2024, the Chinese government adopted a new preferential corporate income tax incentive for companies investing in the digital and intelligent transformations of certain "special equipment". 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2024

Revocation date:

31 Dec 2027

Announced: 12 Jul 2024
Tax or social insurance relief In force
On 12 July 2024, the Chinese Ministry of Finance and the State Administration of Taxation adopted Announcement 2024/9, launching a new preferential corporate income tax incentive for companies investi...
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