china law
Lehmanlaw

How about the extra tax incentives offered by some localities in China. Are those incentives legal according to Chinese law?

How about the extra tax incentives offered by some localities in China. Are those incentives legal according to Chinese law?

To attract foreign investment, some local authorities have granted incentives without any regulatory basis. They exceed permitted levels or SEZ-type incentives. Foreign investors should be aware of the legal status of those incentives, because they may be challenged by the central government in the future.

 

 


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