ANNOUNCEMENT 22 Jun 2010
In June 2010, the government of China announced a change in the tax legislation for exporters.
NUMBER OF INTERVENTIONS
Chinese State Administration of Taxation. 财政部 国家税务总局, 关于取消部分商品出口退税的通知, 财税57号:
On 22 June 2010, the Ministry of Finance issued the Notice No. 57 of 2010. Starting from 15 July 2010, VAT rebate on 406 exported products (defined at the 10 or 12 digit level) will be canceled. These products include some steels, silver powder, alcohol, corn starch, and some plastic products.