Global Trade Alert
Global Trade Alert

China: Business tax incentives to support IC and software industry

Announcement

20 Apr 2012

In April 2012, the government of China announced a targeted tax change.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2011

Revocation date:

30 Dec 2017

Last action: 20 Apr 2012
Tax or social insurance relief
On 20 April 2012, the Ministry of Finance issued Notice No. 27. To support the development of the national integrated circuit (IC) and software industry, several tax incentives will be in force from 1...
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