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CIIE exhibitors to qualify for lower taxes

October 15, 2020

A tax cut policy for exhibits at the upcoming China International Import Expo was issued by the Ministry of Finance, the General Administration of Customs, and the State Taxation Administration on Monday.
CIIE exhibitors stand to receive a certain amount of tax exemptions, including customs duties, value-added tax and consumption tax, according to the notice.
Eligible exhibits include machines and instruments, tractors, ships, medical equipments, artwork, collectables and antiques.