China’s R&D super deduction policy allows eligible companies to deduct double of their qualifying R&D expenses from taxable income, fostering innovation and reducing corporate income tax obligations. Background Initially launched in 2008, the policy has evolved to relax definitions and extend benefits to wider enterprise categories. In 2023, the super deduction rate was officially extended […] The post China’s R&D Super Deduction Policy appeared first on S.J. Grand.
