Legislation roundup: Tax deduction, medical devices and construction

April 09, 2021 | BY

Susan Mok

Manufacturers are offered greater tax deduction on R&D expenses, laboratory-developed tests are given the green light and new buildings in county seats may be subject to environmental restrictions.

Tax

Ministry of Finance and State Taxation Administration, Announcement on Further Improving the Policy of Pre-Tax Super-Deduction of Research and Development Expenses

财政部、国家税务总局关于进一步完善研发费用税前加计扣除政策的公告

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]