Legislation roundup: Tax breaks for R&D and technology transfers, foreign insurance companies

November 05, 2015 | BY

Katherine Jo &clp articles

More tax deductions are available for R&D expenses, technology transfers can get exempted from enterprise income tax and insurance companies no longer require CIRC approval to set up rep offices overseas

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Tax

Ministry of Finance, State Administration of Taxation and Ministry of Science and Technology, Circular on Improving the Policy of Pre-tax Super-deduction of Research and Development Expenses