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China Extends Loss Carryforward Limit for High-Tech Enterprises and Technology SMEs

|Approved Changes|China
China

China's Ministry of Finance has published Circular 76/2018, which extends the loss carryforward limit for high-tech enterprises and technology SMEs. The Circular provides that effective 1 January 2018, qualifying enterprises that have not offset carried forward losses within the standard five years will have the carryforward limit extended to ten years.

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