- Notice on the organization of the list of advanced manufacturing enterprises that enjoy the VAT additional deduction policy in 2024
- Issued by the Department of Economy and Information Technology of Zhejiang Province, the Department of Finance of Zhejiang Province, and the State Administration of Taxation Zhejiang Provincial Taxation Bureau
- Aimed at supporting technological innovation and manufacturing industry development through tax reduction policies
- Criteria for eligibility include being a high-tech enterprise in the manufacturing industry
- The list will be compiled for the year 2024
- Relevant departments and enterprises are notified to participate in the application process
Source: lexiscn.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.
Latest Posts in "China"
- China Clarifies Tax Reporting Rules for Digital Platforms, Effective October 1, 2023
- France Cracks Down on Chinese E-Commerce Giants with Fines and Regulations
- China Releases Draft VAT Implementation Regulations for 2026 Law
- China Imposes 2000 Line Item Limit on Fully Digitalized Electronic Invoices, Affecting SAP Systems
- USTR Evaluates Extending Section 301 Tariff Exclusions on Chinese Imports Beyond November 2025
