Ministry of Finance and the State Administration of Taxation, Circular on Revising the Scope of the Tax Refund Policy for the Purchase of Domestically-manufactured Equipment for Foreign-invested Projects

Issued: May 10 2006
Applicability: In the event of a conflict between this Circular and past provisions, this Circular shall prevail (Article 4).

Main contents: The Circular clarifies the scope of foreign-invested enterprises eligible for tax refunds on the purchase of domestically-manufactured equipment and the definition of 'domestically-manufactured equipment'.
Related legislation: Foreign Investment Industrial Guidance Catalogue (Amended in 2007), Oct 31 2007, CLP 2007 No.10 p.22; Catalogue for Guiding Foreign Investment in the Dominant Industries of the Central and Western Regions and Catalogue for Import Commodities Not Exempt from Duty and Tax for Foreign-invested Projects (Trial Implementation), Dec 31 1997, CLP 1998 No.4 p.8