The four departments such as the Ministry of Finance of China issued an announcement to provide tax cuts for the R & D expenses of integrated circuit companies and industrial parent machine enterprises.
According to the Ministry of Finance on Monday (September 18), the Ministry of Finance, the State Administration of Taxation, the National Development and Reform Commission, the Ministry of Industry and Information Technology issued the R & D expenses of integrated circuits and industrial parent machine enterprisesAnnouncement of deduction proportion to encourage enterprises to develop innovation and promote the high -quality development of the integrated circuit industry and the industrial parent machine industry.
The announcement proposes that the actual R & D expenses incurred in R & D activities in integrated circuit enterprises and industrial parent machine enterprises shall not form an intangible assets into the current profit or loss, and on the basis of the deduction in accordance with regulations, in 2023, in 2023From January 1st to December 31st, 2027, it will be deducted before tax at 120%of the actual amount; those who form intangible assets will be amortized before tax at 220%of the cost of intangible assets during the above period.
In addition to the tax reduction discount, Reuters has quoted sources this month that China will launch a new investment fund, which aims to raise 300 billion yuan (RMB, the same as the same as the same as its semiconductor industry, the same is the same as the same as, A huge amount of funds of about 56.1 billion yuan).
People familiar with the matter also said that the Chinese Ministry of Finance plans to contribute 60 billion yuan to the fund.
It is reported that the Chinese government's leadership has long emphasized that China needs to realize self -sufficiency in semiconductors.After the U.S. government has implemented a series of export control measures in the past few years, this demand has become more urgent.
