In­cen­tives given for Stock Con­nect

China Daily (Hong Kong) - - POLICY REVIEW -

The State Ad­min­is­tra­tion of Tax­a­tion the Min­istry of Fi­nance, and China Se­cu­ri­ties Reg­u­la­tory Com­mis­sion jointly is­sued a notice on Dec 1, which clearly stated that the pi­o­neer­ing Shen­zhen-Hong Kong Stock Con­nect should en­joy tax in­cen­tives. According to the pol­icy, pri­vate in­vestors from the Chi­nese main­land will get per­sonal in­come tax ex­emp­tion for what they ob­tain via the price gap be­tween the two mar­kets for three years.

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