ANNOUNCEMENT 01 Jan 2011In January 2011, the government of China announced a change in import duties.
NUMBER OF INTERVENTIONS
On 13 January 2012, the Ministry of Culture, the Ministry of Finance, the General Administration of Customs and the State Administration of Taxation jointly issued the "Notice on Publishing the List of Animation Companies that have Obtained the Tax Exemptions for Importation of Articles Used for Development and Production of Animation Programs in 2011" (Wenchanfa'2012'No.1).
In accordance with this Notice, the listed companies are entitled to the treatment precribed in the "Notice on Issuing the Interim Provisions on the Exemption of Import Tax from the Articles Imported by Comic and Animation Enterprises for the Development and Production of Comic and Animation Products" (Caiguanshui '2011' No.27).
The benefitting companies in each province are listed below:
Beijing Disheng Animation Productions Ltd
Tianjin Huaguoren Animation Creative Co., Ltd.
Shanghai Motion Magic Digital Entertainment Inc
Shanghai Hippo Animation Co., Ltd.
Suzhou Ori Animation Co., Ltd
Jiangsu Carloon TV & Film Animation Media Co., Ltd.
Dolphin Media Co,.Ltd.
Shenzhen BOX Digital Animation Co.,Ltd.
Xi'an Changfeng Film and TV Culture Communication Co., Ltd.
Shaanxi Jiahe Space Image Design Co., Ltd
These import tax reductions are firm-specific and are therefore selective and discriminate against other importers, including partially or wholly owned foreign importers.