News list for "preferential policy"
On May 23rd, the General Office of the National Development and Reform Commission and others issued a notice on the key work of cost reduction in 2024. It is mentioned that the preferential tax and fee policies should be optimized. Implement structural tax reduction and fee reduction policies such as pre-tax deduction for research and development expenses and tax reduction and exemption for the transformation of scientific and technological achievements. Focus on supporting the development of sc...
On May 1st, according to the Sankei Shimbun, Japan may introduce measures to provide tax relief for companies that convert overseas profits into yen. The tax relief will be applied to the "foreign direct ROI" of companies' overseas subsidiaries worth about 20 trillion yen (126.74 billion dollars). It is reported that Japan intends to include the plan in the annual mid-year policy blueprint compiled by the government this summer. According to reports, the tax incentive policy may be used as a pol...
