ANNOUNCED AS TEMPORARYNo
Tax or social insurance relief
Caishui 119/2015 of November 2015 established a negative list of sectors which are not eligible for 150% 'super-deductions' on eligible R&D expenses.
From 2016 onwards, any firm that can convincingly argue that it satisfies the above conditions can potentially benefit, except those who are in the following seven industries, included on a new 'negative list':
Prior to the change, only entertainment services were eligible for the super deductions. The tax relief has thus been repealed for the entertainment sectors.
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