Can the income from technology transfer and technology development be exempted from VAT?

Can be exempted. According to Annex 3 of the Notice of State Taxation Administration of The People's Republic of China, Ministry of Finance of People's Republic of China (PRC) on Incorporating Railway Transportation and Postal Services into the Pilot Project of Changing Business Tax to VAT (Caishui [2065 438+03] 106), the technology transfer, technology development, technical consultation and technical services provided by the pilot taxpayers are exempted from VAT.

Procedures for pilot taxpayers to apply for tax exemption:

When applying for exemption from value-added tax, a pilot taxpayer must hold a written contract for technology transfer and development, go to the provincial science and technology department where the pilot taxpayer is located for identification, and report the relevant written contract and the audit opinion of the science and technology department to the competent State Taxation Bureau for the record.

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