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China Introduces New Import Tax Exemptions for Technological Innovation — Orbitax
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China Introduces New Import Tax Exemptions for Technological Innovation

|Approved Changes|China
China

China's Ministry of Finance, General Administration of Customs, and State Administration of Taxation have jointly issued Notice No. 23/2021 on the taxation policy for imports supporting technological innovation. The notice provides that scientific research institutions, technology development institutions, schools, and libraries that import qualifying goods and technology that cannot be produc…

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