China's State Administration of Taxation has issued Notice No. 40 of 2017 and the related interpretation guidance concerning the scope of eligible expenses for the R&D super deduction incentive. In general, the super deduction incentive allows for a 150% deduction of eligible expenses, although for eligible SMEs, this is increased to 175% from 1 January 2017 to 31 December 2019 ({News-201…