Tax Rebates for Export Businesses Still Available

Jan. 18 – China’s State Administration of Taxation has issued a circular addressing tax rebates for export businesses.

Export companies with unsettled overpaid value-added-tax can still avail of lump-sum tax rebates under the provision concerning tax settlements for enterprises newly undertaking an export business states in the Circular of the State Administration of Taxation on Printing and Distributing and in the Circular of the State Administration of Taxation on Implementing Tax-Rebates Clearance for Exported Goods in 2003.