|Year:||2014 (Feb 12th)|
|Policy status:||In Force|
|Date Effective:||2014 (Feb 12th)|
|Date Ended:||2017 (Dec 31st)|
|Policy Type:||Economic Instruments>Fiscal/financial incentives>Tax relief|
|Agency:||Ministry of Finance|
In order to support hydropower development, unified and standardized large scale hydropower corporation tax policy, formulated related policies. Over 1 million-kilowatt of the hydroelectric plant of installed capacity (including pumped storage) sales of self-produced electricity products, beginning on January 1, 2013 to December 31, 2015, its effective tax burden more than 8% of the parts to the VAT immediate refund policies; from January 1, 2016 until December 31, 2017, its effective tax burden more than 12% of the parts to the VAT immediate refund policy.
Last modified: Tue, 07 Oct 2014 16:57:56 CEST