Taxonomy: Type of Measure - Export subsidy
Mexico: Two-year extension of the tax credit IETU for export companies under the IMMEX programme
Description
On 12 October 2011, Mexico’s president signed Decree DOF 12/10/2011 extending the flat tax (Impuesto Empresarial a Tasa Única) IETU of 17.5 per cent, which is applied on maquiladoras’ income tax for another two years; until endBrazil: Special tax refund programme REINTEGRA for exporters of locally produced manufactured goods
Description
On 14 December 2011, Brazil’s government introduced in Law No.Israel: Financial support for Israeli companies interested in trading with China and India
Description
On 1 August 2011, Israel’s Ministry of Industry, Trade and Labour launched a new financial incentive to encourage and assist Israeli companies interested in trading with China and India.France: Creation of a new export-oriented investment bank
Description
On December 31, 2012, France enacted the Law No. 2012-1559 on the creation of a public investment bank (Banque Publique d’Investissement). This new institution will focus on the support to small- and medium-sized companies.Pakistan: Travel insurance for foreign importers visiting Pakistan
Description
On January 2, 2013, the Ministry of Commerce of Pakistan introduced a scheme to offer free travel insurance covering USD 200,000 to 500,000 (for acts of terrorism, accidental death, disability, repatriation and medical expenses) to foreign importeJapan: Export credit line for the purchase of four Japanese vessels
Description
On 28 March 2013, the Japan Bank for International Cooperation (JBIC) agreed with PB Vessels Holding Limited (PBVH) to offer an export credit line to finance the purchase of four bulk vessels.China: Elimination of business tax on certain overseas labor services
Description
On 29 June 2012, the Ministry of Finance (MOF) and the State Administration of Taxation (SAT) jointly released the Notice (No.54 Caishui, 2012) on Exemption of Business Taxation on Some Overseas Labor Services.Australia: Extension of export grant scheme with emphasis on East Asian markets
Description
On February 13, 2013, the amendment to the Export Market Development Grants (EMDG) Act 1997 has been introduced. The amendment contains the following effects on foreign commercial interests:Egypt: Possible increase in export subsidies
Description
On 20 February 2013, the Minister of Trade and Investments presented to the council of exports a set of new rules to increase export subsidies to an amount of EGP4 billion (USD593 million) in FY 2013/14, from an amount of EGP3.1 billion (USD459.65Indonesia: Extended import duty refund scheme
Description
On 1 April 2012, the Indonesian Government installed a new import duty refund scheme. The initial scheme was introduced in 2008 after the global economic downturn that widely affected the domestic industries
