China to implement tax breaks for venture capital firms

Reuters  |  Author 

Published Dec 12, 2018 06:42AM ET

China to implement tax breaks for venture capital firms

BEIJING (Reuters) - China will implement preferential personal income tax policies to support venture capital firms, state radio quoted the cabinet as saying on Wednesday.

The tax breaks, effective from Jan. 1, will cover share dividend incomes of partners at venture capital firms, the cabinet said.

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