Notice of the Ministry of Finance and the State Administration of Taxation on the Policy Concerning Urban Maintenance and Construction Tax, Education Surcharge, and Local Education Surcharge Related to the VAT End-of-Period Refund for Integrated Circuit Enterprises

This notice clarifies that for integrated circuit enterprises eligible for VAT end-of-period refunds, the refunded VAT amount shall be deducted from the tax base for urban maintenance and construction tax, education surcharge, and local education surcharge. It implements the State Council's policy on further encouraging the development of the software and integrated circuit industries.