Global Trade Alert
Global Trade Alert

China: Business tax and VAT exemptions on cultural activities

Announcement

26 Mar 2009

In March 2009, the government of China announced a targeted tax change.

Source

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Number of interventions

1

0 certainly harmful

1 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

01 Jan 2009

Revocation date:

31 Dec 2013

Tax or social insurance relief

On 26 March 2009, the Ministry of Finance issued Notice No. 31 of 2009, to support the development of local cultural activities and entertainment industry. According to the notice, several tax incen...

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