Commercial Information Circulars
24-hour hotline : 23 922 922
e-mail address : enquiry@tid.gov.hk
Ref. : EIC 631/2/7
21 October 2011
Dear Sirs,
Commercial Information Circular No. 657/2011
The Mainland of China : Notice Concerning Continuation of the Tax Policy for Research and Development Institutions in Procurement of Equipment
The Ministry of Finance, the Ministry of Commerce, the General Administration of Customs and the State Administration of Taxation jointly announced a notice concerning the continuation of the tax policy for research and development institutions in procurement of equipment. The measure takes effect from 1 January 2011 to 31 December 2015. For details, please refer to a copy of the notice (available in Chinese only) at Appendix (pdf format).
2.For details of the "Interim Provisions on Import Tax Exemption for Products Used for Technological Development" and the "Provisions on Import Tax Exemption for Products Used for Scientific Research and Education" and their amendments, please refer to CIC No. 75/2007 dated 6 February 2007 and CIC No. 399/2011 dated 6 July 2011.
ENQUIRIES
3.If you have any questions on the content of this circular, please contact Ms. Eugenia CHAN at 2398 5444.
Yours faithfully,
(Miss Angie KWOK)
for Director-General of Trade and Industry
Note :
- While every effort is made to ensure the accuracy of the above information, the Department cannot guarantee this to be so and will not be held liable for any reliance placed on the same.