China
Research and Development (R&D) Incentives
The Chinese government offers a 150% pre-tax ‘superdeduction’ can be claimed for eligible R&D activities. In addition to this, certified High and New Technology Enterprises may pay a reduced, 15% corporate income tax rate.
Incentives for Technologically Advanced Service Companies (TASC) status –
Incentives for High and New Technology Enterprises (HNTE) status –
R&D expenses super deduction –
Incentives for qualified technology transfer income –
Services
Swanson Reed offers the following services:
- Advice on tax preparation relevant to claiming the R&D tax credits incentive
- Preparation of documents relating to filing and substantiating a R&D taxation claim
- R&D tax advice and consultations
- R&D tax claim planning and preparation
For a full range of services in relation to the credit, please click here.