AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
Tax-based export incentive
On 1 April 2009 China's Ministry of Finance and State Administration of Taxation published a Notice in which it was stated that the rebates to exporters from Value Added Tax (VAT, currently running at 17 percent in China) would be increased for enumerated products.
Exporters of a wide range of prodcuts may now reclaim the a share of the VAT included in the intermediates used in final goods production.
⚑ Please report this page in case you detect an inaccuracy in its content.