Ministry of Finance and State Administration of Taxation, Termination of Tax Refund Policies for Value-Added Tax on Integrated Circuits Circular

财政部、国家税务总局关于停止集成电路增值税退税政策的通知

November 30, 2004 | BY

clpstaff &clp articles

Issued: September 30 2004Main contents: The implementation of Article 1 of the Ministry of Finance and State Administration of Taxation, Tax Policies Relating…

Clp Reference: 3220/04.09.30 Promulgated: 2004-09-30

Issued: September 30 2004

Main contents: The implementation of Article 1 of the Ministry of Finance and State Administration of Taxation, Tax Policies Relating to Further Encouraging the Development of the Software and Integrated Circuit Industries Circular (Cai Shui [2002] No.70), which concerns value-added tax refund policy, shall be terminated starting from April 1 2005. Before March 31 2005, Article 1 of Cai Shui [2002] No.70 concerning value-added tax refund policy is only applicable to integrated circuit enterprises and integrated circuit products (including monocrystalline silicon chips) recognized before July 14 2004.
Related legislation: Ministry of Finance and State Administration of Taxation, Tax Policies Relating to Further Encouraging the Development of the Software and Integrated Circuit Industries Circular, Oct 10 2002

clp reference:3220/04.09.30promulgated:2004-09-30

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]