Legislation roundup: Tax deduction, medical devices and construction

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.

3 minute readApril 09, 2021 at 03:52 AM

Susan Mok

Tax

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

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