1. National incentives.
- Subjects
LABOR incentives ,TAXATION ,VALUE-added tax laws ,TAX rate laws ,INVESTMENTS ,TAXATION of foreign investments - Abstract
The article discusses China's incentive programs for trade investments. It cites the Corporate Income Tax Law of January 1, 2008 and the Provisional Regulations on Value-added Tax of January 1, 2009 which standardized tax rates for both foreign and domestic companies. The changes are reportedly directed towards elimination of the preferential treatment of foreigners. The article discusses industry-specific incentives, regional incentives, and export incentives and zones.
- Published
- 2010