On 17 August 2016, China's State Administration of Taxation published Notice No. 36/2016 on the import exemption incentive for qualifying animation companies established in China. According to the notice, the incentive applies from 1 January 2016 through 31 December 2020 and includes an exemption from both import duties and value added tax on the import of animation equipment and materials by qualifying companies. Qualifying companies include those that independently develop and produce anim…