Tax Benefits for Upgrading Enterprise-Specific Equipment with Digital Technology
Wednesday, 17 July 2024, 10:27
Tax Deductions for Digital Transformation
The Ministry of Finance and State Administration of Taxation are offering tax benefits for businesses investing in upgrading their enterprise-specific equipment.
Benefits for Companies
- Opportunity to deduct part of the tax payable
- Enhanced equipment capabilities through digital and intelligent upgrades
Businesses can now improve their operations while saving on taxes by embracing modern technology.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.