Changes in PRC Import Taxation Policy

October 02, 2002 | BY

clpstaff &clp articles

Freshfields Bruckhaus DeringerAn imminent change in PRC tax regulations could raise costs for foreign investment projects involving imports of equipment…

Freshfields Bruckhaus Deringer

An imminent change in PRC tax regulations could raise costs for foreign investment projects involving imports of equipment into China.  The Adjustment of Certain Preferential Import Tax Policies Circular (Notice No. 146), which was issued September 10 and effective October 1 2002, signals the end of equipment import tax exemptions for projects that do not satisfy a number of criteria outlined in recent regulations.

 

This premium content is reserved for
China Law & Practice Subscribers.

  • A database of over 3,000 essential documents including key PRC legislation translated into English
  • A choice of newsletters to alert you to changes affecting your business including sector specific updates
  • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]