Ministry of Finance and State Taxation Administration , Announcement on Tax Policies to Support the Prevention and Control of the Novel Coronavirus Pneumonia Epidemic

财政部、国家税务总局关于支持新型冠状病毒感染的肺炎疫情防控有关税收政策的公告

March 08, 2020 | BY

Susan Mok

Tax reliefs are offered to cope with the coronavirus

Issued: February 6, 2020

Effective: January 1, 2020

Main contents: The period for enterprises in industries particularly hard hit by the epidemic, including transport, catering, accommodation and tourism, to carry forward deficits incurred in 2020 shall be extended from five years to eight years (Article 4).

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