Legislation roundup: Telecom Catalogue, High and New Technology Enterprises and R&D tax

Internet-related services such as IDC services, CDN services and internet resource collaboration services are listed as telecommunication services.

Further reading

Ministry of Information Industry, Classified Catalogue of Telecommunications Services (Revised)

China revises Classified Catalogue of Telecommunications Services

Science and Technology

Ministry of Science and Technology, Ministry of Finance and State Administration of Taxation, Measures for the Administration of the Recognition of High and New Technology Enterprises (Revised)

科技部、财政部、国家税务总局高新技术企业认定管理办法 (修正)

For recognition of high and new technology enterprises, the revised Measures remove the criterion to have secured intellectual property during the most recent three years or possessed an exclusive licence for at least five years.

See the full translation.

Further reading

Tech transfer tax breaks may fail to entice MNCs

Measures for the Administration of the Recognition of High and New Technology Enterprises

Announcement on Issues Relevant to Enterprise Income Tax on Legal Person Partners of Venture Capital Firms Organized as Limited Partnerships

Tax

State Administration of Taxation, Announcement on Issues Relevant to the Policy of the Pre-tax Super-deduction of the Research and Development Expenses of Enterprises

国家税务总局关于企业研究开发费用税前加计扣除政策有关问题的公告

The expenses that an enterprise incurs in commissioning a third party institution or individual to carry out research and development activities may be deducted before tax. The super-deduction base figure shall be 80% of the expenses incurred for the research and development activities.

Further reading

Circular on Improving the Policy of Pre-tax Super-deduction of Research and Development Expenses

Circular on Expanding the Implementation of Relevant Pilot Tax Policies of National Innovation Demonstration Zones on a Nationwide Basis

R&D tax breaks ease corporate burdens