China extends inclusive finance tax exemption by four years

China has extended preferential tax policy which expired at the end of 2019 by an additional four years to December 31, 2023, according to a statement jointly issued by the Ministry of Finance and State Taxation Administration.Asian Metal CopyrightThe joint statement also said the VAT, which was already collected but eligible to be waived, can be deducted in subsequent months or refunded.Asian Metal Copyright The joint statement also said the VAT, which was already collected but eligible to be waived, can be deducted in subsequent months or refunded.
.Asian Metal CopyrightChina has extended preferential tax policy which expired at the end of 2019by an additional four years to December 31, 2023, according to a statement jointly issued by the Ministry of Finance and State Taxation AdministrationAsian Metal Copyright