In 2022, large software and IT service companies received almost 100 billion in beneficial tax policies in China. The Chinese government had stipulated that it wanted to support its domestic tech industry. However, in recent years, Beijing wanted to shift the focus away from the broad tech sector towards designated high-tech industries by tightening the requirements for companies to qualify for "key software enterprises".
Value of received benefits from preferential tax benefits of software and IT businesses in China in 2022, by size of enterprise
(in billion yuan)
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MIIT. (September 27, 2023). Value of received benefits from preferential tax benefits of software and IT businesses in China in 2022, by size of enterprise (in billion yuan) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1400521/china-value-of-received-tax-benefits-of-software-and-it-companies-by-business-size/
MIIT. "Value of received benefits from preferential tax benefits of software and IT businesses in China in 2022, by size of enterprise (in billion yuan)." Chart. September 27, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1400521/china-value-of-received-tax-benefits-of-software-and-it-companies-by-business-size/
MIIT. (2023). Value of received benefits from preferential tax benefits of software and IT businesses in China in 2022, by size of enterprise (in billion yuan). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1400521/china-value-of-received-tax-benefits-of-software-and-it-companies-by-business-size/
MIIT. "Value of Received Benefits from Preferential Tax Benefits of Software and It Businesses in China in 2022, by Size of Enterprise (in Billion Yuan)." Statista, Statista Inc., 27 Sep 2023, https://www.statista.com/statistics/1400521/china-value-of-received-tax-benefits-of-software-and-it-companies-by-business-size/
MIIT, Value of received benefits from preferential tax benefits of software and IT businesses in China in 2022, by size of enterprise (in billion yuan) Statista, https://www.statista.com/statistics/1400521/china-value-of-received-tax-benefits-of-software-and-it-companies-by-business-size/ (last visited November 21, 2024)
Value of received benefits from preferential tax benefits of software and IT businesses in China in 2022, by size of enterprise (in billion yuan) [Graph], MIIT, September 27, 2023. [Online]. Available: https://www.statista.com/statistics/1400521/china-value-of-received-tax-benefits-of-software-and-it-companies-by-business-size/