Ministry of Commerce, Ministry of Finance, General Administration of Customs and State Administration of Taxation, Circular on Measures for Reviewing the Qualifications of Foreign-invested Research and Development Centres for Tax Exemptions/Refunds on Procured Equipment

商务部、财政部、海关总署、国家税务总局关于外资研发中心采购设备免/退税资格审核办法的通知

Tax exemption for foreign-invested R&D centres clarified.

1 minute readMay 13, 2010 at 12:58 AM

clpstaff

& clp articles

Issued: March 22 2010

Effective: as of date of issuance

Main contents: The Circular clarifies matters relating to the exemption of import taxes on articles imported by foreign-invested research and development centres for scientific and technological development purposes and the refund in full of the value-added tax on Chinese-made equipment procured by them.

A Subscription is Required to Access this Content

Subscribe to China Law & Practice today for:

✓ A database of 3000+ essential documents, including key PRC laws translated into English

✓ Newsletters with business-critical and sector-specific updates

✓ Premium mobile access with timely analysis on China's fast-changing market

Already a Subscriber? Log In. Sign In Now