China

Details

  • Service: Tax
  • Type: Publication series, Regulatory update
  • Date: 1/17/2012

New deductions for capital expenditure on the purchase of copyrights, registered designs and registered trade marks 

Tax alert - Issue 1, January 2012

 

The Inland Revenue (Amendment)(No. 3) Ordinance was gazetted on 16 December 2011 and enacts the 2010-11 Budget initiative to allow a deduction for capital expenditure incurred on the purchase of specified intellectual property rights (IPRs).

Tax alert
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