ANNOUNCEMENT 20 Jan 2009

January 20th, 2009 - The Chinese government announced a tax-free import scheme.

NUMBER OF INTERVENTIONS

2

  • 1 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

PRC General Administration of Customs, January 20th, 2009. (财政部、海关总署、国家税务总局2009年第2号公告(关于公布《国有公益性收藏单位进口藏品免税暂行规定》))
http://www.customs.gov.cn/customs/302249/302266/302267/356832/index.html

Inception date: 20 Jan 2009 | Removal date: open ended

Import tariff

On January 20th, 2009, three Chinese ministries jointly released Announcement 2009/2 (hereafter, 'Announcement'), which granted tax-free imports to certain approved institutions.

Once approved, such institutions were able to import cultural artifacts without paying any associated import taxes.

To qualify for the status, institutions must register with the local authorities and be deemed to be 'furthering the traditional art and culture of China and foreign nations, as well as increasing the soft power of ethnic Chinese culture'.

This highly interpretative clause means that only institutions that operate within the highly truncated historical narrative approved by the Chinese Communist Party will be eligible for the treatment.

Several lists of these firms were then released; please see related act for more information.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
Inception date: 20 Jan 2009 | Removal date: open ended

Tax or social insurance relief

In January 2009, the Chinese government started a tax-free import scheme for certain cultural artifacts that was highly selective, with only those institutions who attained official government approval allowed to benefit from the scheme.

This represents a discriminatory tax treatment for this sector, in addition to the reduction of tariffs for some firms.

 
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