- Chinese Ministry of Finance issued guidelines on preferential tax policies for scientific and technological innovation
- Guidelines include VAT policies on refunds and exemptions
- Exempted imports of supplies used for scientific and technological development are included
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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