27 July 2018 China grants additional five years to loss carryforward period for certain technology enterprises China's Ministry of Finance and the State Administration of Taxation jointly released Caishui [2018] No. 76 extending the current 5-year loss carryforward period to 10 years for High-and-New Technology Enterprises and Technology-based Small and Medium-sized Enterprises. Circular 76 is retroactively effective to January 1, 2018. Document ID: 2018-1519 |