R&D Super Deduction and Innovation Demonstration Zones expanded and improved
R&D Super Deduction and Innovation Demonstration Zo...
On October 21 the State Council announced improvements to the R&D Super Deduction policy, and enhanced enterprise support to increase innovation. This document summarises the key changes and their implications for taxpayers.
© 2025 KPMG Huazhen LLP, a People's Republic of China partnership, KPMG Advisory (China) Limited, a limited liability company in Chinese Mainland, KPMG, a Macau (SAR) partnership, and KPMG, a Hong Kong (SAR) partnership, are member firms of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.
The KPMG name and logo are trademarks used under license by the
independent member firms of the KPMG global organisation.
For more detail about the structure of the KPMG global organisation please visit https://kpmg.com/governance.