China: Clarification of the favorable import tax treatment to “encouraged” foreign-invested projects (FIPs)
Description
On 29 January 2012, China clarified the favorable import tax treatment to “encouraged” foreign-invested projects (FIPs) in connection with the Catalogue for the Guidance of Foreign Investment Industries (Amended in 2011). Starting on 30 January 2012, FIPs listed in the “encouraged” category in the “Foreign Investment Industrial Guidance Catalog (2011 Version)” are exempt from customs duties when investors import equipment (for self-use) and technology, accessories as well as spare parts that come along with the equipment based on related agreements.
Any Evidence-Based Deliberation:
| Question | Result |
|---|---|
| Is there anything in the public record to suggest that evidence of the effectiveness of the proposed measure was considered during official deliberations? | |
| Is there any evidence that alternatives to the proposed measure were considered? | |
| Is there anything in the public record that suggests that empirical evidence informed the comparison across the alternatives available to government? | |
| Was such evidence identified? | |
| Is such evidence publicly available? | |
| Did the official decision-maker in question provide an explanation as to why a chosen measure was favoured over alternatives? | |
| Is there any evidence to suggest that potentially affected trading partners were consulted before the measures were taken? | |
| Is there any evidence that safeguards have been put in place to ensure that implementation of the initiative is transparent and non-discriminatory? | |
| Did the government state its intention to review the measure within one year of implementation? |
Date Discovered:
Implemented: Yes
Date of inception: 29 Jan 2012
GTA Evaluation: Green
Source:
“China Announces Import Tax Treatment to ‘Encouraged’ Foreign-Invested Projects”
http://www.china-briefing.com/news/2012/02/02/china-announces-import-tax...
Government Response:
- 542 reads
