China reduce Tax of software and integrated circuit enterprises

At the end of May, the State Administration of Taxation issued 21 preferential tax policies for software enterprises and integrated circuit enterprises: Reduction and exemption of value-added tax on software productsReduction and exemption of enterprise income tax for software enterprisesReduction and exemption of enterprise value-added tax on major integrated circuit projectsPayment of import value-added tax on new equipment imported for major integrated circuit projects by installmentsReduction and exemption of income tax for integrated circuit manufacturers with linewidth less than 0.8 μ MReduction and exemption of income tax for integrated circuit manufacturers with line width less than 0.25 μ MReduce orRead More →

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