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China Clarifies Eligibility for Western Regions Tax Incentive

|Approved Changes|China
China

On 17 March 2015, China's State Administration of Taxation released Public Notice 015] 14. The notice clarifies the eligibility of companies for the reduced 15% enterprise income tax incentive following the release of Catalog of Encouraged Industries in Western Regions, which is effective from 1 October 2014. The notice states that companies that were eligible for the incentive prior to the rel…

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