Q: In the new Enterprise Income Tax Law, there is a preferential tax policy of three-year exemption and three-year halving. What conditions must be met to enjoy this preferential policy?
A: Article 27 of the new Enterprise Income Tax Law stipulates that income from engaging in nationally key-supported public infrastructure projects and income from engaging in qualified environmental protection and energy-saving water conservation projects shall enjoy the preferential policies of tax exemption and reduction.
According to Article 87 of the Implementation Regulations of the New Enterprise Income Tax Law, nationally key-supported public infrastructure projects refer to the provisions of the "Enterprise Income Tax Preferential Catalogue for Public Infrastructure Projects."