https://wccftech.com/china-slashes-taxes-for-its-domestic-tech-companies/
A few lines form the article:
The plan will completely eliminate taxes for two to five years for key producers and then continue at half of the normal 25% tax rate up through 2028.
The tax breaks will last for five years for any company producing chips at 65 nm or less and companies that are at 130 nm or less will receive the break for two years.
If they're giving taxbreaks to companies still fabbing 130nm then that's just about the entire industry.
Submitted April 02, 2018 at 09:25AM by DallasRoommate13 https://ift.tt/2JdYYMz
