Issued: May 16 2008
Main Contents: Beginning from January 1 2008, the policy of crediting purchases of domestically-produced equipment as investment by enterprises against enterprise income tax shall cease to
State Administration of Taxation, Circular on Issues Relevant to Terminating the Implementation of the Policy of Crediting Purchases of Domestically-produced Equipment as Investments by Enterprises Against Enterprise Income Tax
国家税务总局关于停止执行企业购买国产设备投资抵免企业所得税政策问题的通知
Preferential tax policy for purchase of Chinese equipment cancelled.
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