China -  Chinese law firm

What would happen to the SEZ's tax incentives under a unified tax system?

What would happen to the SEZ's tax incentives under a unified tax system?

The unified rate will likely be phased in, with an even slower rate for SEZs. When the SEZs are fully phased into the unified rate, they will, for tax purposes, cease to exist. However, thanks to the substantial infrastructure advantages and well-educated work force, SEZs will continue to be favoured localities for many foreign investors.

 


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