First announced by Chinese President Xi Jinping in 2018, the entire province of Hainan island has been established as a pilot free trade zone (PFTZ) to promote foreign investment and trade.

Discuss the tax policy environment of the Hainan Pilot Free Trade Zone (PFTZ) and evaluate three tax policies of the zone. Comment on the extent to which each of these tax policies would affect a foreign company that is investing in the Marine Waste Disposal industry/company.

Answer rating: 100% (QA)

Answer 1 The Hainan Pilot Free Trade Zone PFTZ is an important part of the Chinese governments efforts to liberalize the economy and promote foreign investment The PFTZ offers a range of tax incentive... View the full answer