China Issues Notice on Animation Industry Import Incentive
On 17 August 2016, China's State Administration of Taxation published Notice No. 36/2016 on the import exemption incentive for qualifying animation companies established in China. According to the notice, the incentive applies from 1 January 2016 through 31 December 2020 and includes an exemption from both import duties and value added tax on the import of animation equipment and materials by …
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