28 February 2020 – Waived value-added tax for small scale taxpayers in Hubei and reduced it for taxpayers in other regions

This item is sourced from COVID-19 Policy Watch co-ordinated by Policy. We are in the process of gathering further information and aligning taxonomies for these items.

Intervention Categories: Finance policy and financial aid; Fiscal policy
Level of Jurisdiction: National

Overview: The Ministry of Finance and State Taxation Administration announced it would waive value-added tax (VAT) for small-scale taxpayers in Hubei province and reduce VAT for small-scale taxpayers in other regions. The measure is effective from 1 March to 31 May 2020.
Full details here: http://www.chinatax.gov.cn/chinatax/n810341/n810755/c5145325/content.html