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Chinese Government Considering Removal of Tax Breaks for Software Companies

|Proposed Changes|China
China

The Chinese Government is reportedly considering the removal of tax breaks for software companies and, in particular, gaming companies, which are seen as needing to give back more in terms of taxation. The software sector in China has long enjoyed preferential tax policies in order to support the sector's growth, which has worked well, with several companies in the sector becoming some of China…

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