VATupdate
VAT

Share this post on

China Adjusts VAT Policies for Offshore Wind and Nuclear Power Generation

  • From November 1, 2025, to December 31, 2027, 50% VAT refund for sales of self-produced offshore wind power.
  • Nuclear power units in commercial operation before October 31, 2025, follow existing VAT policies.
  • Nuclear units approved but not yet in operation by October 31, 2025, get 50% VAT refund for 10 years after starting operation.
  • Nuclear units approved after November 1, 2025, will not enjoy VAT refund policy.
  • Previous conflicting regulations are abolished from November 1, 2025.

Source: news.10jqka.com.cn

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.



Sponsors:

Pincvision

Advertisements:

  • Pincvision