IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jan 2014 | Removal date: open ended

Tax-based export incentive

On 12 December 2013, the Ministry of Finance issued Notice No. 106 of 2013. The policy supersedes one from May of the same year (see related act), clarifying elements of that announcement that were unclear, and adding some new sectors to the list of those that will benefit.

This announcement adds railway transport, postal services, and spacecraft transport services to the list of sectors that can enjoy a zero rating on their export VAT. It also confirms that the policy will be rolled out in the entirety of China.

Other changes are procedural, and do not discriminate on the international provision of services.

The policy came into effect on January 1st, 2014.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

642 Long-distance transport services of passengers
673 Supporting services for railway transport
674 Supporting services for road transport
675 Supporting services for water transport
676 Supporting services for air or space transport
680 Postal & courier services
721 Real estate services involving own or leased property
722 Real estate services on a fee or contract basis
811 Research & development in natural sciences & engineering
812 Research & development in social sciences & humanities
813 Interdisciplinary research & development
814 Research & development originals
831 Management consulting & management services; ITC services
839 Other professional, technical & business services
843 On-line content
844 News agency services
845 Library & archive services
846 Broadcasting, programming & programme distribution services

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