China Tax Agency Announces Preferential Tax Policies for SMEs Due to Coronavirus

April 7, 2020, 5:00 AM UTC

The Chinese State Administration of Taxation April 2 announced preferential tax policies for small and medium enterprises (SMEs) due to the coronavirus pandemic. The policies include: 1) a deadline extension to April 24 from April 20 for quarterly tax payments; and 2) a zero export tax rate for 1,464 categories of products. [China, State Administration of Taxation, 04/02/20]

Reference:
View Announcement. View Index.

Learn more about Bloomberg Tax or Log In to keep reading:

See Breaking News in Context

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools and resources.