No more tax incentives for big tech
Subscribe to keep reading.
Trivium Tech keeps you briefed on the latest developments in China tech policy.
Already a subscriber? Log in.
On Wednesday, Caixin reported that some Internet companies will no longer enjoy preferential tax incentives.
Some context: In China, software companies are entitled to a preferential tax rate of 10%, as long as they are identified as “Key Software Enterprises” (KSE).
The standard corpor...