China Clarifies Eligibility for Western Regions Tax Incentive

On 17 March 2015, China's State Administration of Taxation released Public Notice 015] 14. The notice clarifies the eligibility of companies for the reduced 15% enterprise income tax incentive following the release of Catalog of Encouraged Industries in Western Regions, which is effective from 1 October 2014. The notice states that companies that were eligible for the incentive prior to the release of the new catalog will remain eligible as long as their main business is within the scope of t…